Managerial Economics

1:

Given:

Private income                                 Rs. 30,000

Tax on Corporate Profit                   Rs. 5,000

Undistributed Profit of Corporate    Rs. 4,000

The personal income will be

A.

Rs. 30,000

B.

Rs. 21,000

C.

Rs. 35,000

D.

Rs. 39,000

 

Answer : B

Explanation :

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Option: A

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