5.If personal income is Rs.57,000,
consumption is Rs.43,000, per-
sonal income taxes are Rs.9,000,
personal interest payments are
Rs.1,000 and personal savings is
Rs. 4,000, disposable income
equals (in Rs).
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Rs 48000 is Disposable income
Step-by-step explanation:
Disposable income is total personal income minus personal current taxes.
Disposable income is income remaining after deduction of taxes and social security charges, available to be spent or saved as one wishes.
personal income is Rs.57,000
per-sonal income taxes are Rs.9,000
Disposable income = personal income - per-sonal income taxes
= 57000 - 9000
= Rs 48000
Learn more:
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