Discussion
The tax deducted at source is 10% of the royalty amount then the amount of tax paid is ............... .
Answer: A
The tax paid is Rs. 1,200.
From the same pie-diagram, the total cost is Rs. 80,000 (paper, 20%, is Rs. 16,000), and royalty is 15% of it.
\[ \begin{aligned} \text{royalty} &= 15\% \times 80000 = 12000 \\ \text{TDS} &= 10\% \times 12000 = 1200 \end{aligned} \]
Rs. 800 is 10% of the other charges, Rs. 1,000 is a rounded guess, and Rs. 8,000 is the other charges themselves.
No comment is present. Be the first to comment.
Loading…
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development