Answer:
Rs. 451.2
Step-by-step explanation:
It is given that a men's total taxable income is Rs. 14,280.
He is charged by the state tax for 2% on the first Rs. 3000.
i.e. [tex]$2 \% \times 3000$[/tex]
[tex]$=\frac{2}{100} \times 3000$[/tex]
= Rs. 60
Then he is asked to pay 3% on the second Rs. 3000
i.e. [tex]$3 \% \times 3000$[/tex]
[tex]$=\frac{3}{100} \times 3000$[/tex]
= Rs. 90
Similarly, he pays 3% on the third Rs. 3000
i.e. [tex]$3 \% \times 3000$[/tex]
[tex]$=\frac{3}{100} \times 3000$[/tex]
= Rs. 90
Lastly, he pays 4% on the remaining amount. i.e 14,280 - (3000+3000+3000) = 14,280 - 9000 = Rs. 5280
∴[tex]$4 \% \times 5280 $[/tex]
[tex]$=\frac{4}{100} \times 5280$[/tex]
= Rs. 211.2
Thus the total amount of the income tax the man has to pay is
= 60+90+90+211.2
= Rs. 451.2