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A person pays a tax of 10%,if his salary increases by 10%
he need to pay a tax of 15%.The total gain he obtains after
increment in salary is 350Rs .What is his salary?
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Answer Posted / shivaray p jan
let us consider his salary as 'X'
his previous salary after deductings 10% tax was '0.9X'
his present salary after deducting 15% tax with 10%
increments is '0.85*1.1X'
so equtuation for total gain is
(0.85*1.1X)-(0.9X)=350
0.935X-.9X=350
X=10000, Ans is 10000
| Is This Answer Correct ? | 2 Yes | 1 No |
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