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FREE CFAT Practice Test (Canadian Forces Aptitude Test):
https://www.army-test.com/131.html
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1. Andrew lives in Ontario and earned a gross income of $64,000 in 2022. According to his income bracket, his federal tax rate in Canada is 20.5%. If his provincial tax rate is 9.15%, what is his income after taxes?
a. $45,024 -- answer
b. $42,045
c. $45,420
d. $42,540
Solution:
step1:
solve federal tax
Canada federal tax
= $64,000 x 20.5%
= $64,000 x 0.205
= $13,120
step2: solve provincial tax
Ontario provincial tax
= $64,000 x 9.15%
= $64,000 x 0.0915
= $5,856
step3: income after taxes
Income after taxes
= gross income
- federal tax
- provicial tax
Income after taxes
= $64,000
- $13,120
- $ 5,856
----------------------
$45,024
2. Michael's average grade for Chemistry, Math, and English is 85. If his grade in Chemistry is 90 and Math is 87, what is his grade in English?
a. 79
b. 78 --- answer
c. 77
d. 76
Solution:
Let x
= Michael's grade in English
Average grade = 85
Chemistry = 90
Math = 87
Average grade
= (Chemistry + Math
+ English)/3
85 = (90 + 87 + x)/3
cross multiply
90 + 87 + x = 85 * 3
177 + x = 255
x = 255 - 177
x = 78
checking:
Average
= (90 + 87 + 78)/3
= 85
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Link to my CFAT Practice YouTube playlist
***
FREE CFAT Practice Test (Canadian Forces Aptitude Test):
https://www.army-test.com/131.html
***
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