Personal Income – Knowsia

QTB – MAY 2017 – L1 – SA – Q4 – Mathematics

A multiple-choice question calculating the income left after tax deductions from the taxable income.

Question

A man earns N150,000 per annum. He is allowed a tax-free pay of N40,000. If he pays 25 kobo in the Naira as tax on his taxable income, how much has he left?

A. N102,500
B. N112,500
C. N122,500
D. N132,500
E. N142,500

Answer

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Tags: Deductions, Income Tax, Personal Income, Taxable Income, Taxation
Level: Level 1

Topic: Mathematics
Series: MAY 2017

Question Tag: Personal Income

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QTB – MAY 2017 – L1 – SA – Q4 – Mathematics

A multiple-choice question calculating the income left after tax deductions from the taxable income.

QTB – MAY 2017 – L1 – SA – Q4 – Mathematics

A multiple-choice question calculating the income left after tax deductions from the taxable income.

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Question Tag: Personal Income

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QTB – MAY 2017 – L1 – SA – Q4 – Mathematics

A multiple-choice question calculating the income left after tax deductions from the taxable income.

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QTB – MAY 2017 – L1 – SA – Q4 – Mathematics

A multiple-choice question calculating the income left after tax deductions from the taxable income.

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