A man gets Rs.2500 per day. How much Rs. he gets per annum if he pays 2% tax for every 100.

Answers (1)

A man earn gets = Rs.2500 per day

In a non leap year number of days = 365

Annually he gets = 365x2500

                            = 912500

Tax @ 2% = 2x912500/100 = 18250

Net income = 912500 - 18250

                    = Rs 894250 every year

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