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
Out of 6 white marbles, 3 blue marbles, in how many ways we select one or more marbles?
Anna is participating in a trivia game with 6 questions, each with 3 choices. Only one choice is correct per question. If Anna guesses on all questions,...
A bag contains 4 red bands, 4 green bands and 6 blue bands. Two bands are drawn randomly. What is the probability that at most one band is red?
A bag contains 4 black balls, 6 white balls and 5 red balls. Two balls are drawn simultaneously. Find the probability that both the balls are of same c...
The probability of selecting a rotten apple randomly from a heap of 250 apples is 0.20. What is the number of rotten apples in the heap?
...- Find the probability of selecting a heart or a diamond card from a well shuffled deck.
In a box there are 6 red, 12 blue, and 18 yellow cards. One card is picked up randomly. What is the probability that it is neither red nor yellow?
- A pair of dice is rolled once, what is the probability that the sum of the numbers on top is 5?
A bag contains cards which are numbered from 2 to 90. A card is drawn at random from the bag. Find the probability that the card number is a perfect squ...
A bag has x blue balls and 4 yellow balls. If the probability of picking a blue ball is 3/5, find the probability that two balls drawn at once are of di...
