Question

The tax calculated on satishrao income is rs. 84,000. How much education cess has he to pay at rate of 3%

Answer 1

Hey dear,
Cess is the govt imposed tax on tax.

● Answer-
Education cess = 2520 Rs.

● Explanation-
# Given-
Tax = 84000 Rs
Cess rate = 3%

# Solution-
Education cess = Tax × Cess rate
Education cess = 84000 × 3/100
Education cess = 2520 Rs.

Thus education cess on tax upon income is 2520 Rs.

Hope this is helpful...

Answer 2

Answer:

Tax Paid = Rs. 2520

Step-by-step explanation:

Given that

Income of Satisharo in rupees = 84, 000

Tax rate that he is being charged = 3%

We have to find

Amount paid as tax= ?

As we know

Amount Paid as tax = 3% of Total income

Amount Paid as tax = 3% of 84,000

Amount Paid as tax = 0.03x84,000

Amount Paid as tax = Rs. 2520

So Satisharo has to pay 2520 rupees as tax on his income