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Pyrus, Inc. owes a total of $16,250 in taxes for this year. The taxable income is $70,639. If Pyrus earns $100 more in income, it
Pyrus, Inc. owes a total of $16,250 in taxes for this year. The taxable income is $70,639. If Pyrus earns $100 more in income, it will owe an additional $36 in taxes. What is Pyrus' average tax rate (in percents) on income of $70,639? Answer Tolerance: 0.125
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