A person pa
Let’s suppose the capital of A man is = x
A person pays the tax at the rate of 4 paise per rupee
By using unitary mothed
How much a person pays in 100 rupees = 0.04 × 100
A person pay tax at the rate of 4%
With 4% income tax, his net income is 96% of his capital.
With 3.75% income tax, his net income is 96.25% of his capital.
So the percentage increase in income is 0.25% which is Rs. 48
x = 19200
So the capital of the man is Rs. 19200
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