A man has left rs 5526after paying an income tax of 15paisa per rupee how much does he pay for tax?
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Answered by
3
Let x be the original amount.
Amount after Income Tax deduction=
x = 6501.17
Tax = 0.15 × 6501.17
Tax = 975.17
Remaining Amount = 6501.17 - 975.17
= 5526
Answered by
1
Answer:
Left Rs= 5526
Income tax= 15 paisa per rupee
Left Rs = (total-tax)
tax= total*income tax
tax=( left Rs+ tax) *income tax
tax= (5526+tax) * 15/100 (rupee)
tax= 5526(0.15)+ 0.15tax
tax- 0.15tax= 828.9
(1-0.15)tax=828.9
tax= 828.9/0.85
tax= 975.18 rupee
he payed 975.18 rupee
Total income is = left Rs + tax
Total = 5526+ 975.18
Total =6501.18 rupee
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