Gisela would owe $15,500 in taxes each year if she were not eligible for any tax deductions. This year, Gisela is eligible for tax deductions that reduce the amount of taxes she owes by $2,325.00. If these tax deductions reduce the taxes Gisela owes this year by d%, what is the value of d ?

Answer

15

Explanation

It’s given that the deductions reduce the original amount of taxes owed by $2,325.00. Since the deductions reduce the original amount of taxes owed by d%, the equation `(2,325)/(15,500)=d/100` can be used to find this percent decrease , d . Multiplying both sides of this equation by 100 yields `(232,500)/(15,500)=d`, or 15 = d. Thus, the tax deductions reduce the original amount of taxes owed by 15%.