If a man has business going on and was given salary 10000 for a month full of within days. Excluding the holidays the man has to work for 300 days in a year and earns salary x-5/2. If the man has simple tax with compound interest what will be his income after 7 years?
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2
Answer:
Given, the person earns 10000rs for a month.
the no. of months in 7 years = 7×12=84
if the interest is 5% the income of the person is
84×10000+84000×5/100
=840000+4200
=844200rs
Answered by
0
Answer:
The income of the person is844200rs
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