Author: DeepakR Posted: Tue Dec 29, 2009 4:41 am (GMT -8) To add 2 percent of one’s annual income To [the average (arithmetic mean) of 100 units of country R's currency and 1 percent of one's annual income. ] Consider this phrase, [i][the average (arithmetic mean) of 100 units of country R's currency and 1 percent of one's annual income][/i] (100 + (I/100))/2 = Avg arithmetic mean of 100 and 1% of I = 50 + (I/200) Now, add 2% of one’s annual income to this as follows: = (2I/100) + 50 +(I/200) = I/40 + 50 = OA -Deepak

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Problem Solving :: RE: GMAT Prep – Computing Income Tax – No Idea