a company pays a dividend of 15% on its ten rupee shares from which it deducts income tax at the rate of 22%. find the annual income of a man who owns one thousnd shares of this company?
Answers
Answered by
113
Annual Income = (10×1000×15)/100
=1500 Rs.
Income tax deducted = (22×1500)/100
=330 Rs.
so, Total Income = 1500 - 330
= 1170 Rs.
=1500 Rs.
Income tax deducted = (22×1500)/100
=330 Rs.
so, Total Income = 1500 - 330
= 1170 Rs.
Answered by
32
annual income=₹10×1000×15/100
=₹1500
income tax deducted
=₹(22×1500)/100
=₹330
so, total income=₹(1500-330)
=₹1170
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