A special municipal payroll tax charges not tax on a payroll less than $200,000 and only 0.2% on a company’s payroll above $200,000. If Belfried Industries paid $200 in this special municipal payroll tax, then they must have had a payroll of? Pick
A) $180,000
B) $202,000
C) $220,000
D) $300,000
E) $2,200,000
ANSWER : D , ( with different approach) :   The 200 paid is 0.2% of the additional amount above 200,000. Let it be X   Now 0.2% of X = 200   Therefore X= 100,000   Total = 200,000 + X= 300,000
<result>D</result>
A special municipal payroll tax charges not tax on a payroll less than $200,000 and only 0.2% on a company’s payroll above $200,000. If Belfried Industries paid $200 in this special municipal payroll tax, then they must have had a payroll of?