Question

There are two slabs of income tax, 7% tax for income up to 3 lakh and 12.5% for income above 3 lakh. Nitin tried to evade tax by hiding some of the income, to fall in the 7% tax slab. The amount hid by Nitin is 6/29 of the original taxable income. If Nitin paid Rs. 32,200 as tax, what is the original amount of tax he had to pay?

A 55440
B 87500
C 72500
D 51750
E None of these
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