Mathematics - Class X Question Paper - Central Board Of Secondary Education Page 17
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33Q. NO.
VALUE POINTS
Marks
Q25. Taxable Income = Rs. [1,96,000 — 30,000] = Rs. 1,66,000
½
Income Tax = Rs. [19,000 + 30% of 16,000] = Rs. 23,800
1
Savings in GPF = Rs. [12 x 5,000] Rs. 60,000
½
∴ Amount to be invested in NSC for maximum rebate
1
= Rs. [70,000 — 60,000] = Rs. 10,000
1
15
∴ Maximum rebate availed = Rs. [70,000 x
] = Rs. 10,500
1
100
Net tax = Rs. [23800 — 10500] = Rs. 13300
1
13300
Total tax to be paid per month = Rs.
= Rs. 1108
12
152
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