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

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