Before being simplified, the instructions for computing income tax in country r were to add 2 percent of one’s annual income to the average (arithmetic mean) of 100 units of country r’s currency and 1 percent of one’s annual income. which of the following represents the simplified formula for computing the income tax, in country r’s currency, for a person in that country whose annual income is i?
(a) 50 + i/200
(b) 50 + 3i/100
(c) 50 + i/40
(d) 100 + i/50
(e) 100 + 3i/100