Q: A man's annual income has increased by Rs 1.2 lakhs but the tax on income that he has to pay has reduced from 12% to 10%. He now pays the same amount of tax as before. What is his increased income ( in Rs lakh)?
A.
8.4
B.
7.2
C.
9.6
D.
6
Correct Answer:
Option B -
Explanations:
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