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1. After paying 10% tax on all income over Tk. 3000. Rahima had a net income of Tk. 12000. Rahims income before tax was-
- A. 12900
- B. 12900
- C. 12900
- D. 12900
Answer: Option E
Explanation:
12, 000 - 3, 000 = 9, 000
10% tax, if after tax income Tk.90 before tax income Tk.100
If after tax income Tk. 9000 before tax income Tk. = ( 100× 9000)/90 = 10, 000
Before tax income = 10, 000 + 3, 000 = Tk.13, 000
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