mr sharma deposited rs 20000 as a fixed deposit in a bank at 10% per annum. of 30% is deducted as income tax on the interest earned find his annual income Share with your friends Share 3 Anuradha Sharma answered this Hi, Here P= 20,000t = 1 year and r = 10% So SI = Prt100= 20000×10×1100= 2000So A = P+SI =20000+2000= 22000Now deduction = 30 % on interest = 30 100×2000= 600So net annual income = 22000-600= Rs. 21,400 Regards 1 View Full Answer Punya Purushottam answered this 1234 -1 Punya Purushottam answered this sorry i have given wrong answer -3 Aditya Pawar answered this yes -1 Aditi Sharma answered this It is right. -3 Munzer Ahmed answered this 1234 -3 Manas Kumar Singh answered this CDGDDCFGDCF -3 Vishvender Singh Tanwar answered this 14335 is the corr ans -1
