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

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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 rateÂ is
A.	0.125
B.	0.08
C.	0.1
D.	0.15
Answer» B. 0.08

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