mra rajani is a medical doctor in a private hospital. her monthly salary is rs 120000 and she recieves one month salary as a festival vonus 10% of her salary is deducted as citizen investment trust . how much income tax does she pay in a year. calculate
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Solution:-Statement
Mrs. Rajani monthly salary=120000
Mrs. Rajani yearly salary=120000×12
=1440000
Rs. deducted from Mrs. Rajani's monthly salary=10%
Rs. deducted from Mrs. Rajani's yearly salary=10×12
=120%
1440000/120
=144000/12
12000
12)144000
-12
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024
-024
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0000
- 0
----------------
00000
- 0
----------------
000000
- 0
-----------------
000000
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Answer:- Mrs. Rajani pays Rs.12000 in a year as income tax.
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