The income tax on the income above Rs. 3500 is 9 paise per rupee. If a person
pays Rs. 108 as income tax. What is his gross income?
(A) Rs.4700 (B) Rs.2300 (C) Rs.4200 (D) Rs.4600
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0
Answer:
Capital after paying income tax
⇒4%−3.75%=48⇒0.25% = 48100% = 480.25×100=19200
⇒ Capital without paying income tax
⇒ 19200 = Capital × 96%
Net capital = 20000
Answered by
2
Answer:
4700 the explanation is in the picture
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