The monthly income of a person is Rs 30,000 and tax upto the yearly income of Rs 250,000 is tax exempted. If he pays a tax of Rs
16500, at what percent has the tax been paid? (sry its a math question)
2 answers:
Answer:
sixty six percent
hope I helped you
<u>Given:</u>
Person Income = 30,000
Tax exempted = ₹ 250,000
Tax payed = ₹ 16,500
<u>To find:</u> [Tax percentage]
Total Income = 12 × 30,000
= 360, 000
= 360,000 - 250,000
= 110,000
Hence tax deducted percentage is 15%
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