Elitmus
Exam
Numerical Ability
Area and Volume
Aishwarya and abhi is a young working couple. they are both employed with winfy at similar position and receie same salary. they also have made identical investments and expenes during the year . if abhi pays an income tax of Rs 1500 for financial year 2008-09 how much incometax did aishwarya pay?
A) 0 B) 750 C) 1500 D)cannot be determined
Read Solution (Total 13)
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- D is ans. SomDiscount given to ladies
- 9 years agoHelpfull: Yes(2) No(1)
- according to me D ans. because IN 2008-09 tax criteria was different for male and female income
- 9 years agoHelpfull: Yes(1) No(3)
- correct ans is d.
- 9 years agoHelpfull: Yes(1) No(1)
- 1500 c is the ans
- 9 years agoHelpfull: Yes(0) No(1)
- 1500 is the ans
- 9 years agoHelpfull: Yes(0) No(0)
- 1500
since they have same salary and expenditure.
- 9 years agoHelpfull: Yes(0) No(0)
- option c becoz they hv same salary & expendature
- 9 years agoHelpfull: Yes(0) No(0)
- i think their is some rebate for Ladies in Indian constitution.
- 9 years agoHelpfull: Yes(0) No(0)
- ans is d
because tey said same identical investments ,but it may differs in company nd ,posisibilities tat ona have got profit nd other may get loss...chances ,.cant be determined... i guess - 9 years agoHelpfull: Yes(0) No(0)
- can anyone please explain in details?
- 9 years agoHelpfull: Yes(0) No(0)
- Answer is 0.
Explanation in indian constitution there is 50k gap between male and female income tax... so 50k income tax would 5k...
if the male pays 1500,then female will 5k less than the male... which is nill. - 9 years agoHelpfull: Yes(0) No(0)
- It cant be determined becoz according to the question their salary as well as investment nd expenditure are same bt it is not given that their income tax is same. They invest and expend their money in different ways as per their need.
- 9 years agoHelpfull: Yes(0) No(0)
- MIN TAX IF SAL IS OVER 300000---->10 % OF (3L-1.5L)=15000
SO SAL OF ABHI IS LESS THEN 3L
x*10/100=1500
x=15000
so sal of abhi is 150000(w/o taxable)+15000=165000
on same salary for aish there will be no tax.
so correct ans must be 0. - 5 years agoHelpfull: Yes(0) No(0)
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