Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Percentages

Question:

If the income tax is increased by 19% then the net income is decreased by 6%. Find the rate of income tax.

Options:

24%

25%

20%

15%

Correct Answer:

24%

Explanation:

Income = Net income + tax

ATQ,   

 Income tax × \(\frac{19}{100}\) = Net income × \(\frac{6}{100}\)

                                    Income  = 25

Rate of income tax = \(\frac{6}{25}\) × 100 = 24 %