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Economics · May / June 2018 · Paper 12 · Question 11

2281Households

The table shows some information for a computer engineer in 2015. | | $ | |---|---| | salary | 40 000 | | fees earned from consultancy | 15 000 | | credit card repayment | 5 000 | Income tax is fixed at 20%. The engineer saved 10% of the disposable income. How much was saved?

  1. A$3200
  2. B$4000
  3. C$4400
  4. D$5500

As printed in the paper

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Correct answer: C. $4400

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