Question
A man's annual income has increased by Rs 5 lakhs but
the tax on income that he has to pay has reduced from 12% to 10%. He now pays Rs 10,000 more income tax. What is his increased income (in Rs lakhs)?ÂSolution
Starting income=x New income=x+500000 income tax at 1st=0.12x Income tax now=(x+500000)*0.1 Difference=10000 0.1x+50000-0.12x=10000 400000=0.02x x=2000000 x+5=25 lakhs
The LCM of two numbers is 180, and the numbers are in the ratio 5:9. What will be the sum of the numbers?
Statement:
Mostly P are Q.
P few Q are R.
All R are S.
No S is T.
Conclusion :
1. Only S are R.
2. A...
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