Each week, we post a new Challenge Problem for you to attempt. If you submit the correct answer, you will be entered into that week’s drawing for two free Manhattan Prep GRE Strategy Guides.
For Jack, income tax is between 15 and 35 percent of total income after an exclusion amount has been subtracted (that is, Jack does not have to pay any income tax on the exclusion amount, only on the remainder of his total income). If the exclusion amount is between $5200 and $9800, and Jack’s income tax was $8700, which of the following could have been Jack’s total income?
See the answer choices and submit your pick over on our Challenge Problem page.