mark is an accountant in a law firm who earns 150000 per annum .his tax allowence is 60000. how much tax does he pay every years?
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Total income of the man= Rs 16000
Amount paid as income-tax=Rs (15% ×16000)
=Rs (15/100×16000)
=Rs 2400
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The remaining money=Rs (16000-2400)
=Rs 13600
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Amount spent on rent,food,clothing,etc
=Rs (75% ×13600)
=Rs (75/100 ×13600)
=Rs 10200
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Amount of money left with the man
=Rs (13600-10200)
=Rs 3400
Answer:The amount of money left with the man is Rs 3400.
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