If a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is

If a person's income increases from Rs. 10 lakhs per year to Rs. 11 la

1.	If a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is
A.	12.50%
B.	8%
C.	10%
D.	15%
Answer» B. 8%