in year 2020, Nonhle's gross monthly salary was R40 000. The income tax rate was...
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Accounting
in year 2020, Nonhle's gross monthly salary was R40 000. The income tax rate was 15% of the gross salary and her net salary is gross salary minus income tax. In 2021 her gross salary increased by R5000 and the tax tare was change to 16% of the gross salary. Find the percentage increase in Nonhle's net salary.
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