Ravi’s Gross Income is Rs 22000 and he pays income tax of 3% , What is his net Income
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Answered by
0
gross income =22000rs
income tax = 3%
=22000 x 3/100
=660rs
net income =22000-660
=21340rs.....
hope it helps uhh
Answered by
2
Answer:
Rs.21340
Step-by-step explanation:
Given : Ravi’s Gross Income is Rs 22000 and he pays income tax of 3%
To Find :What is his net Income
Solution :
Gross income of Ravi = Rs.22000
Income tax % = 3%
Income tax =
Net income = Gross income - Income tax
Net income = Rs.22000 - Rs. 660
Net income = Rs 21340
Hence his net Income is Rs. 21340
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