ghanshyammahato8182 ghanshyammahato8182

20-02-2021
Mathematics

contestada

A civil servant had a salary of Rs. 9600. Tax up to
Rs. 85000 per year would be exempted. If he paid
Rs. 377.50 as a tax per month, how much percent of
tax was imposed ?
(Ans: 15 %

Respuesta :

20-02-2021

Answer:

Step-by-step explanation:

The question is misleading. It was not specified that his salary is Rs 9,600 per month. That is 115,200 yearly. Of that, 115,200- 85,000 = 30,200 is taxable.

tax = Rs 377.50/month = Rs 4,530/year

4,530/30,200 = 0.15 = 15%

Answer Link

Otras preguntas

"who invaded Ukraine and what were the consequences?"

what is 98.723 m= cm

Tyrone has three options on how to spend his Saturday afternoon: to go out with friends, watch a movie, or wash his car. Tyrone's opportunity cost of

Kareem and Kira each opened a savings account today. Kareem opened his account with a starting amount of $770, and he is going to take out $30 per month. Kira o

In triangle FGH, FG = 12.3 cm, GH = 10.6 cm, Measure of angle G = 80 degrees, and Measure of angle H = 55 degrees. If Triangle A B C is congruent to triangle G

(-1/2)/(1/2) what's the answer

Because of global competition and advances in new information technology, tasks and responsibilities for managers have

you will use 2 operations when doing algebra. true or false

Do you think the American government has held true to the ideals of the Declaration of Independence? Why or why not? (3-6 sentences)

Universal Travel Inc. borrowed $501,000 on November 1, 2021, and signed a 12-month note bearing interest at 7%. Interest is payable in full at maturity on Octob