A man's annual income has increased by Rs 5 lakhs but the tax on income that he has to pay has reduced from 12% to 10%. He now pays Rs 10,000 more income tax. What is his increased income (in Rs lakhs)?
A) 20 B) 25 C) 15 D) 10
Answers
Answered by
0
Answer:
d)10 %
pls amrk me as the brainliest
Step-by-step explanation:
Man's annual income has been increased by Rs 5 lakh. It means : Present annual income of that man = Original annual income + Increase = Rs a + Rs 5,00,000 = Rs ( a + 5,00,000 ). Also, his tax has been reduced to 10%
Similar questions