At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Connect with professionals ready to provide precise answers to your questions on our comprehensive Q&A platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

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)

Sagot :

Answer:

sixty six percent

hope I helped you

[tex]\large\color{lime}\boxed{\colorbox{black}{Answer : - }}[/tex]

Given:

Person Income = 30,000

Tax exempted = ₹ 250,000

Tax payed = ₹ 16,500

To find: [Tax percentage]

Total Income = 12 × 30,000

= 360, 000

= 360,000 - 250,000

= 110,000

[tex]\% \: tax = \frac{165000}{110000} \times 100[/tex]

[tex] = \frac{165}{11} [/tex]

[tex] = 15\%[/tex]

Hence tax deducted percentage is 15%

Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.