Question

the taxable calculated on satishrao’s income is 84000 how much education cess has he to play at the rate of 3%?

Answer 1

Answer:

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

Solution :

Given

Tax :- Rs. 84,000

Cess Rate :- 3%

To Find

Amount to be paid as tax

Formula to Use

Amount paid as tax = 3% of income

⇒ 3% of 84,000

⇒ 0.03 × 84,000

⇒ Rs. 2520

Therefore , the taxable calculated on satishrao’s income is 84000 of Rs. 2520 on  education cess has he to play at the rate of 3%