Raj won 15 lakhs 20 thousand rupees. If he paid 20 % as income tax, find the prize money left with him? *
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Answer :-
Given :-
- Raj won 15 lakhs 20 thousand rupees.
- He paid 20% as income tax.
To Find :-
- Prize money left with him
Solution :-
We are given that he won 15 lakhs 20 thousand rupees and he paid 20% of the prize as income tax and we are asked to find amount left with him. As he paid 20% amount left with him is equal to 80% of the prize he won.
→ Amount left with him = 80% of 1502000
→ Amount left with him = 1502000 × 80 / 100
→ Amount left with him = 15020 × 80
→ Amount left with him = 1201600
Prize money left with him = 12 lakhs 1 thousand 6 hunderd rupees.
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