Question

Mr.x Salary is increased by 20% On the increase,
the tax rate is 10% highes. Find the percentage
of increase in the tax liabilty.​

Answer 1

Answer:

Let his original salary be Rs. 100.

Salary after increment = Rs. 120

Let the tax on original salary be 20% and now tax on increased salary of Rs. 20 will be 22% i.e. Rs. 4.40.

Thus, increase in tax liability =

$\frac{6.6 0| }{20} \div 100 = 22\%$

Answer 2

Answer:

100. .

Step-by-step explanation:

Let the tax on original salary be 20%

now tax on increased salary of

Rs. 20 will be 22% i.e. Rs. 4.40

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