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Manish's annual income is Rs. 132,000. T...

Manish's annual income is Rs. 132,000. There is no income tax on the money donated to charity. On the remaining amount, he pays Rs. 4480 as income tax at `4%`. What amount did he denote to the charity ?

A

Rs.24,500

B

Rs.20,000

C

Rs.30,000

D

Rs.18,250

Text Solution

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The correct Answer is:
B
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