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Aman’s annual income has increased by Rs...

Aman’s annual income has increased by Rs 20 lakhs but the tax on income that he has to pay has reduced from 20% to 16%. He now pays the same amount of tax as earlier. What is his new total income (in Rs lakhs)?

A

120

B

60

C

100

D

80

Text Solution

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The correct Answer is:
C
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