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A man's annual income has increased by R...

A man's annual income has increased by `Rs.4` lakh but the tax on income that he has to pay has reduced from `14%` to `10%`. He now pays `Rs4000` more income tax. What is the increased income (in lakhs) ?

A

`13` lakh

B

`15` lakh

C

`16` lakh

D

`18` lakh

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The correct Answer is:
A
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