if income tax is reduced from 20% to 171/2% . what difference does it make to a person whose taxable income
is RS. 13,200
neeraj45670:
plz don't confuse about it.
Answers
Answered by
4
when income tax was 20%...the person had to pay (20% *13200)=2640
when it is 171/2%,he needs to pay (171/2% of 13200)=11286
Mathematically..the difference is (11286-2640)=8646
socially,it is very high taxation..(its time for a strike,lol)
ssuujjaall1 you are wrong the correct answer is RS.330
I suppose your question has incorrections.you have said reduced from 20% to 171/2%(85.5%)....How come reduction cause value to increase...so i thought it increased..and did as following...if this is incorrect then what you must mean is reduced by not to
Answered by
3
Answer:
Rs.330
Step-by-step explanation:
20%of 13200 is 2640
17 1/2% of 13200 is 2310
difference is 330
therefore answer is Rs.330
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