Question

    When income of a man increases by Rs. 6000 then tax rate

    reduces from 18% to 15%. While in both the situation 25% income is tax free. Find his initial income if he paid equal tax in both cases.
    A Rs.30000 Correct Answer Incorrect Answer
    B Rs.40000 Correct Answer Incorrect Answer
    C Rs.35000 Correct Answer Incorrect Answer
    D Rs.25000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

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