Question

saad makes an annual income of RS 50000000. if he pays RS 50000 in income tax, what is the incom tax rat?

Answer 1

Answer:

Step-by-step explanation:

Income tax rate = (50000/ 50000000)100

                          = 0.1%

Answer 2

Answer:0.001002%

Step-by-step explanation:SI=50000

P=50000000

R=?

T=1

R= SI+100 divided PT

= 50100 divided by 50000000

= 0.001002%

Therefore 0.001002% is your answer

Maybe wrong u can check