A company pays a divident of 15% on its 10 rupee shares from which is deducted income tax at the rate of 22%.Find the annual income of a man who owns 100 shares of this company.
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Answered by
2
Annual Income = (10×1000×15)/100
=1500 Rs.
Income tax deducted = (22×1500)/100
=330 Rs.
so, Total Income = 1500 - 330
= 1170 Rs.
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=1500 Rs.
Income tax deducted = (22×1500)/100
=330 Rs.
so, Total Income = 1500 - 330
= 1170 Rs.
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arjun6068:
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Answered by
1
HEYA HERE IS UR ANSWER✌✌❤
Annual Income = (10×1000×15)/100
=1500 Rs.
Income tax deducted = (22×1500)/100
=330 Rs.
so, Total Income = 1500 - 330
= 1170 Rs.
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