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Mr. Calisto had the following data of his horse races for the 2nd quarter of 2001:Livin La Vida    1st         Php 45, 000Horizon            3rd             125, 000Vampire           4th               30, 000Lee                  2nd               87, 500Marimar           5th               NoneHow much was the percentage taxes due to Mr. Calisto?Select one:a.Php 14, 375b.Php 5, 750c.Php 27, 850d.Php  28, 750

Question

Mr. Calisto had the following data of his horse races for the 2nd quarter of 2001:Livin La Vida    1st         Php 45, 000Horizon            3rd             125, 000Vampire           4th               30, 000Lee                  2nd               87, 500Marimar           5th               NoneHow much was the percentage taxes due to Mr. Calisto?Select one:a.Php 14, 375b.Php 5, 750c.Php 27, 850d.Php  28, 750

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Solution

To answer this question, we first need to know the tax rate. However, the question does not provide this information. Therefore, it's impossible to determine the correct answer from the options provided.

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