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)?

Aman’s annual income has increased by Rs. 20 lakhs but the tax on in

1.	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
Answer» D. 80

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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)?

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