Question

A civil servant had a salary of Rs 9600. Tax up to Rs 85000 per year would be exempted. If he paid Rs 4530 as a tax, how much percent of tax was imposed?

Answer 1

4%

Explanation:

Yearly salary = 9600 * 12 = Rs. 115200

Tax = Rs . 4530

`Tax \ percent = (4530)/(115200)*100`

= 3.93 = 4%