Q159
ArithmeticPercentage, Profit & Loss
A man won Rs. 60,000 in a lottery. 35% of the money was taken by the Govt as tax. He actually receives
- a.Rs. 21,000
- b.Rs. 39,000
- c.Rs. 18,000
- d.Rs. 40,000
Answer: (B) Rs. 39,000
After 35% tax, he keeps 65% of the winnings: $60{,}000 \times 0.65 = \text{Rs. } 39{,}000$.