Answer :
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
Rate this question :
How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Related Videos
Quiz | Comparing Quantities30 mins
Quiz | Calculating Compound Interest Really Compound?46 mins
Foundation | Direct & Inverse Proportions57 mins
Ratio and Percentage28 mins
Quiz | Simple & Compound Interest35 mins
Quiz | Percentage35 mins
Quiz | Comparing Quantities50 mins
Quiz | Comparing Quantities47 mins
Smart Revision | Comparing Quantities45 mins
Peering into Percentage46 mins




















Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
view all courses
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation


RELATED QUESTIONS :
Sarita buys goods
RD Sharma - MathematicsA colour T.V. is
RD Sharma - MathematicsReena goes to ash
RD Sharma - MathematicsThe cost of furni
RD Sharma - Mathematics