Simran pays income tax at the rate of 10%. If her income is increased by 10% and her tax rate increases to 15%, her net income would increase by Rs.3500. What is Simran’s income?
1
1,00,000
2
50,000
3
80,000
4
1,20,000
5
None of the above
Simran pays income tax at the rate of 10%. If her income is increased by 10% and her tax rate increases to 15%, her net income would increase by Rs.3500. What is Simran’s income?