Tracy Smith has a disposable income of $1,600. Her disposable income represents 80 percent of her gross income. What is her gross income?
A.
$5,400
B.
$3,200
C.
$2,000
D.
$1,600
Answer: C
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Tracy Smith has a disposable income of $1,600. Her disposable income represents 80 percent of her gross income. What is her gross income?