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
If Sneha cycles a certain distance at 9 km/h, she arrives 7 hours late. If she cycles at 15 km/h, she reaches 2 hours early. What is 80% of the distance...
A cyclist moving at (6/7) of his regular speed reaches his school 20 minutes late. Find the usual time he takes to reach school.
A carriage travels in the fog passed along a man who was walking @ 3kmph in the same direction. He could see the carriage for 4 minutes and it was visib...
A car travels at a speed of 60 km/h for 2 hours 30 minutes. What distance does it cover?
A man walking at 4/5 of his regular speed, when a man covers a few distance in 3 hrs more than the time he takes to cover the same distance at his regul...
A car travels a distance of 150 km at the speed of 30 kmph. If it covers the ne×t 180 km of its journey at the speed of 60 kmph and last 80 km of ...
A truck covers 376 km at a certain speed in 8 hours. How much time would a car take at an average speed of 13 km/h more than that of the speed of the tr...
Excluding stoppage, the speed of the bus is 66 km/hr, and including stoppage, it is 55 km/hr. How many minutes does the bus stop per minute?
Two individuals, A and B, travel from point M to point N at different speeds. A takes 6 hours to complete the journey, while B takes 8 hours. The differ...
