Given :
Helen Ming receives a travel allowance of $230 each week from her company for time away from home.
This allowance is taxable and she has a 28 percent income tax rate.
To Find :
Amount will she have to pay in taxes.
Solution :
Tax paid ( T ) = 28% of $230 .
[tex]T=230\times \dfrac{28}{100}\\\\T=\$64.4[/tex]
Therefore, amount will she have to pay in taxes for this employee benefit is $64.4 .
Hence, this is the required solution.
