If the tax on 16 acres of land is Rs.144 then what is the tax on 25 of land?
Answers
Answer:
The long term capital gain tax is calculated by multiplying the tax rate of 20% with the capital gain amount. On the other hand, short term capital gain tax on the property is taxed by including the short term capital gain under the total income for the individual and taxed on the basis of the applicable slab rate.
Answer:
We have to find first The tax on 1 acres of land
So,
The tax on 16 acres of land = Rupees 144
so, here we can divide 144 with 16 to know the tax taken in 1 acres of land
(Hope u understood till here)
Now,
144\16 = 9
So now its clear that
The tax taken in 1 Acres of land is Rupees 9
Now , We have To Find what ?
We have to find the Tax taken in 25 Acres of land
So, its so simple
Directly We have to multiply With 9
25×9 = 225
So finally we Got the answer
THE TAX ON 25 ACRES OF LAND IS RUPEES...225