4394EconomicsMedium
Imagine there is no tax on income up to Rs 1000 after that there is a tax of 505 what is the average tax rate on an income of Rs 20,000?
ARs 50000
BRs 10000
C20%
D25%
Correct answer
C. 20%
Explanation
The correct answer is 20%.
Correct answer
C. 20%
Explanation
The correct answer is 20%.
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