Question

the monthly income of an individual is Rs 65000.10%of his salary is deducted as provided fund, another 10%is deducted as citizen investment trust and he pays Rs15000 annually as the premium of his insurance. how much income tax does he pay in a year ?​

Answer 1

Answer:

The answer could be 63,000 dollars worth in taxes

Step-by-step explanation:

First i combined the provident fund and the investment trust to get 20%÷100=0.2×65000=13000

Than i subtracted 15000 from 65000 to get 50000 which i added to 13000 to get63000in tax

Answer 2

Answer:

63000

Step-by-step explanation:

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