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Thread: Using excel solver add-in.

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    Using excel solver add-in.

    Hi,

    Can the below calculation be done using solver add-in in excel?

    Breakeven value

    Income of the Assessee =a
    Tax in Income with cess (30.9%)(b)=(a-10000000)*30.9%
    Surcharge on such Income (5%)(c) =b*5%

    Total of Tax & surcharge =b+c
    Income exceeding 1cr. (d) =a-10000000
    =b+c-d

    (b+c-d) has to be 0. and i have to find the corresponding value of a. a must be greater than 100 million.

    Best regards.
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    Last edited by Safal Shrestha; 05-09-2013 at 12:11 PM.

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