After paying 10% tax on all income over tk Rahim had a net income of tk 12000, Rahims income before tax was-

A    12900

B    12300

C    13300

D    10300

Solution

Correct Answer: Option E

 

12,000-3,000 = 9,000

10% tax, if after tax income Tk. 90 before tax income Tk. 100

        "      "      "        "        "      Tk. 9,000  "       "     "        = Tk. (100×9000)/90

                                                                               &nbs 

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