Take the 2-minute tour ×
Mathematics Stack Exchange is a question and answer site for people studying math at any level and professionals in related fields. It's 100% free, no registration required.

Gross Amount Given

Salary = Rs. 1000 (Gross)

Annual Income (AI) = Salary x 52

Annual Tax (AT) = 30% of AI

Levy = 2.04% of AT

This is simple I got this point

BUT NOw

Salary = Rs. 1000 (NET)

Annual Income (AI) = Salary x 52

Annual Tax (AT) = **?**

Levy = **?**

What is the solution here??

share|improve this question
1  
You'll need to give more context. What are you trying to calculate? My best guess from the incomplete information you've given so far is that the first question mark might be asking for the percentage of the net annual income that would correspond to an annual tax of 30% on the gross annual income? –  joriki Sep 30 '11 at 9:31
    
Can I calculate AT and Levy for NET amount? provided I know that AT is 30% of AI when Gross amount is given. But is it possible to predict something when NET amount is given???? –  DShah Sep 30 '11 at 12:05

Your Answer

 
discard

By posting your answer, you agree to the privacy policy and terms of service.

Browse other questions tagged or ask your own question.