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Calculate the disposable income, if the personal income is ₹2,000 and the rate of income tax is twenty five percent. - Economics

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Question

Calculate the disposable income, if the personal income is ₹2,000 and the rate of income tax is twenty five percent.

Numerical
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Solution

Disposable income = ₹ 2000 − ₹ 500 = ₹ 1500

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Chapter 32: Concepts of National Income - TEST QUESTIONS [Page 32.17]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 32 Concepts of National Income
TEST QUESTIONS | Q A. 7. | Page 32.17
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