Gross interest = Net x 100/100 – rate of
OPTIONS
a.
tax
b. TDS
C.
Deduction
d. exempted
Answers
Answered by
17
Answer:
Explanation:
Gross interest = Net x 100/100 – rate of
OPTIONS
a.
tax
b. TDS
C.
Answered by
1
Gross interest =Net *100/100-rate of a) tax b) TDS
Answer is option b) TDS
Explanation:
Gross interest is the yearly rate of intrigued to be paid on an speculation , security, or store account some time recently charges or other charges are deducted . Net intrigued is frequently the feature intrigued rate joined to a fixed - income security( e.g., a bond or CD) , a credit , or a store account.
You can calculate gross interest income by multiplying the principal amount by the rate of interest over a set period of time. Gross means you get all the savings interest while net means you to pay some tax o what you earn.
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