Re: JNU 2011 Answer Key

Posted by Gurpreet Pannu on Apr 17, 2015; 6:14pm
URL: http://discussion-forum.276.s1.nabble.com/JNU-2011-Answer-Key-tp7563304p7596227.html

Suppose your Income is 100I. This gives you a profit of 20I. After Tax deduction of 30% leaves you a profit of 14I.
Now for Inflation subtract 5I from 14I.

This gives you a profit of 9I over an income of 100I hence 9%.