Answer:
The correct solution is "4.6".
Step-by-step explanation:
Given:
Interest rate,
r = 6.2%
or,
= 0.062
Amount,
A = 100000
Principle,
P = 76000
As we know,
⇒
On substituting the values, we get
⇒
⇒
On taking log both sides, we get
⇒
⇒
By putting the values of log, we get
⇒
or,
⇒
Answer:
answer below :) hope this helps!
Step-by-step explanation:
Amount invested in Civil investment fund= 10% of 96000 = x 96000 = 10 x 960= 9600
remaing taxable amount = =96000 -(75000+9600)
= 96000 - 84600
= Rs. 11400
Tax = 15% of 11400
= x 11400 = 15 x 114 = 1710
again, i hope this helps :)