Question

Mr. Jahangir Khan is 53 years old and pays ₹4800 as education cess per annum. What is the Income tax that he pays?

• A. ₹3,00,000
• B. ₹2,70,000
• C. ₹4,80,000
• D. ₹5,40,000

Answer 1

The correct option is C ₹4,80,000

Secondary Education cess is 1% of the Income tax.
Let the income tax be ₹x.
$\frac{x}{100}$ = ₹4800
$\Rightarrow$ x = ₹480000.