If 2.7 million tax returns are filed manually and there is a 20% error rate, how many erroneous returns will there be?

Prepare for the Paying Taxes Test. Use flashcards and multiple choice questions, each with hints and explanations. Be exam-ready!

Multiple Choice

If 2.7 million tax returns are filed manually and there is a 20% error rate, how many erroneous returns will there be?

Explanation:
To determine the number of erroneous tax returns filed manually with a 20% error rate, you need to calculate 20% of the total number of tax returns. Start by taking the total number of returns filed, which is 2.7 million. To express this in a usable figure, convert 2.7 million to its numerical form, which is 2,700,000. Next, calculate 20% of this total. You can find 20% by multiplying the total number of returns by 0.20: 2,700,000 x 0.20 = 540,000. This calculation shows that there will be 540,000 erroneous returns based on the 20% error rate of the 2.7 million manual filings. Therefore, the answer is 540,000, which accurately reflects the intended mathematic operation given in the question.

To determine the number of erroneous tax returns filed manually with a 20% error rate, you need to calculate 20% of the total number of tax returns.

Start by taking the total number of returns filed, which is 2.7 million. To express this in a usable figure, convert 2.7 million to its numerical form, which is 2,700,000.

Next, calculate 20% of this total. You can find 20% by multiplying the total number of returns by 0.20:

2,700,000 x 0.20 = 540,000.

This calculation shows that there will be 540,000 erroneous returns based on the 20% error rate of the 2.7 million manual filings.

Therefore, the answer is 540,000, which accurately reflects the intended mathematic operation given in the question.

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