10
QuizMultiple Choice

World Economics

Question 10 • T1 - 4 RMA-TX-Financial Math-B

Miki, a resident of Kyoto, earns an annual salary of ¥6,760,950. If the Japanese government levies a 29.12% income tax on Miki’s tax bracket, what is her yearly take-home pay, to the nearest whole yen?

Answer
A
¥4,792,161
B
¥4,643,510
C
¥4,439,195
D
¥4,364,869

Explanation

The take-home share is 100% − 29.12% = 70.88% of Miki’s salary. Calculating ¥6,760,950 × 0.7088 gives ¥4,792,161.36, which rounds to ¥4,792,161. The correct choice is ¥4,792,161.

AI-written and checked against the verified answer.

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