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A person pays a tax of 10%,if his salary increases by 10%
he need to pay a tax of 15%.The total gain he obtains after
increment in salary is 350Rs .What is his salary?
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Answer Posted / yamuna
Assume before increment the salary is x
tax is 10% = 0.1x
After paid the tax he get salary = x-0.1x
= 0.9x
After the increment of salary by 10% the salary =x+0.1x
=1.1x
Tax is 15% =(x+0.1x)*15/100
=0.165x
After paid the tax he get salary =1.1x-0.165x
=0.935x
increment salary - previous salary =Gain
0.935x -0.9x =350
x=10000
So the previous salary is 10000
Increment salary is 11000
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