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· started a discussion

· 1 Months ago

kush (Question: 232999.0 )

allegation use 10 12
0(no profit loss)
12 10 (diff =2)
2=1200; 1=600 ; 10=6000

Question:
A man's income is increased by Rs.1200 and at the same time, the rate of income tax to be paid is reduced from 12% to 10%. He now pays the same amount of tax as before. His increased income is (in Rs.)
Options:
A) 12000
B) 6000
C) 1745.45
D) 7200
Solution:

Ans: (d)

Knowledge Expert

· commented

· 1 Months ago

Dear student
Given answer is correct
Because we find the total income = initial income + increased income

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