Question

the gross income of a person is 16000. a part of his income is exempted from income tax and his net income is 14480. if the rate of income tax is 8% the income exempted from income tax is ? option is a)1600 b) 1800 c)1700 d) 1500. Plg slv this

Answer 1

Answer:

Step-by-step explanation:

Sal is 16000

X is tax free..

16000-x is taxable..

16000- 8/100 *taxable = 14480

16000-8/100*(16000-x)= 14480