Question
There are two slabs of income tax, 8% tax for income up
to 3 lakh and 12.5% for income above 3 lakh. Akhil tried to evade tax by hiding some of the income, to fall in the 8% tax slab. The amount hid by Akhil is 9/44 of the original taxable income. If Akhil paid Rs. 25,200 as tax, what is the original amount of tax he had to pay?Solution
Tax paid = 25200 (8% of the taxable income) Shown income = (25200 × 100)/8 = 315000 Amount hid = 9/44 of original income. Shown income = 35/44 × original taxable income Original Taxable income = (44/35) × 315000 = 396000 Tax = 12.5% × 396000 = Rs. 49500
First page of a website is called
Name the another pointing device which is an alternative to mouse?
Which of the following is used by the browser to connect to the location of the Internet resources?
What type of topology is found in a WIRELESS LAN?
The purpose of the primary key in a database is to
Which of the following is not a System Software?
Which Function key is commonly used to access the boot menu during computer startup to select a boot device, like a USB drive or CD/DVD?
The file extension of MS-Word document in Office 2007 is_______.
Pressing F8 key for three times selects_____
What is the role of a proxy server in network security?
