Math Problem Statement
in a certain country, an individual pays 10% income tax when their monthly income is 1000 or less and when their monthly income is above 1000, they pay 100 plus 15% of the amount in excess of 1000. If M denotes the monthly income of an individual, find all the possible values of M given that the amount of tax they pain was below 1000.
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Inequalities
Piecewise Functions
Formulas
T = 0.1M for M ≤ 1000
T = 100 + 0.15(M - 1000) for M > 1000
Theorems
Linear Inequalities
Suitable Grade Level
Grades 10-12
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