If income tax is increased by 24 % , the net income is reduced by 1 % . The rate of income tax is

If income tax is increased by 24 % , the net income is reduced by 1 %

1.	If income tax is increased by 24 % , the net income is reduced by 1 % . The rate of income tax is
A.	6
B.	4
C.	5
D.	7
Answer» C. 5

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If income tax is increased by 24 % , the net income is reduced by 1 % . The rate of income tax is

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