Let the initial income be x. The taxable income is 75% of x, and the tax rate is 18%. So, the tax paid initially is 0.135x. After the income increases by Rs. 9000, the new income is x+9000. The taxable income is 75% of this new amount, and the tax rate becomes 15%. So, the tax paid is 0.1125(x+9000). Since the tax paid in both cases is the same, we set up the equation: 0.135x=0.1125(x+9000) Solving for x, we find that the initial income is Rs. 45,000.
In the question below, some letters are given in two ovals, intersecting each other. The letter(s) given in the intersected portion can be used more th...
Select the option that is related to the third letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster.
<...What will come in the place of the question mark (?) in the following equation if ‘+’ and ‘-’ are interchanged and ‘x’ and ‘÷’ are inte...
Looking at the picture on the wall, he said "My sister-in-law S's husband Q's son N had a sister R". How is S related to R?
In a certain code language, ‘BIND’ is coded as ‘9214’ and ‘DRIB’ is coded as ‘4109’. What is the code for ‘N’ in the given code lang...
Three statements are followed by four conclusions numbered I, II, III and IV. You have to consider these statements to be true, even if they seem at va...
Select the figure which will replace the question mark (?) in the given figure to complete the pattern.
Which two numbers should be interchanged to make the following equation correct?
4 × 12 ÷ 9 + 7 – 10 = 0
Below are two statements. You have to take the given statements to be true even if they seem to be at variance with the commonly known facts.
...
Four of the following five are equal in a certain way and form a group.
Which one is not related to that group?
XU, VM, EB, YV, MJ
