Question

rs 4500 income tax is paid on an annual income of rs 22000.Find the annual income on which the tax paid is rs 7650.​

Answer 1

Answer:

Rate of tax=4500/22000*100=20.4%<aprox>..

tax paid=20.4% of total income

7650=20.4% of total income

total income=7650*100/20.4=37500

Answer 2

Rs. 4500 is the income tax if the annual income is Rs.22000

Rs. 1 is the income tax if the annual salary is Rs. (22000/4500)

                                                                          = Rs. (220/45)

                                                                           = Rs.(44/9)

Rs. 7650 is the income tax if the annual salary is Rs. (44*7650/9)

                                                                                  = Rs.(44*850)

                                                                                  = Rs.37400

(Ans):37400