XAT · 2011 · Question 12 of 33

XAT 2011 QA Question 12 · Algebra - Linear Equations

Answer it first: the answer and the solution appear right after.

Questions on this set: Q11 Q12 Q13 Q14 Q15

Answer the following question based on the information given below.

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Total income tax payable is obtained by adding two additional surcharges on calculated income tax.

  • Education Cess: An additional surcharge called ‘Education Cess’ is levied at the late of 2% on the amount of income tax.
  • Secondary and Higher Education Cess: An additional surcharge called ‘Secondary and Higher Education Cess` is levied at the rate of 1% on the amount of income tax.
Q12 Algebra - Linear Equations MULTIPLE CHOICE

Mr. Madan observed his tax deduction at source, done by his employer, as Rs. 3,17,910/-. What was his total income (in Rs.) if he neither has to pay any additional tax nor is eligible for any refund?

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