The Amount of tax paid by an executive remains constant despite an increase of Tk 2000 in his salary because the rate of the tax was reduced from 15% to 12%. If 30% of his income was exempted from tax in both the cases what was his salary before rise?
A 8000
B 10000
C 12000
D 13500
Solution
Correct Answer: Option A
Practice More Questions on Our App!
Download our app for free and access thousands of MCQ questions with detailed solutions