If the income tax is increased by 19%, the net income is reduced by 1%. The rate of income tax is

If the income tax is increased by 19%, the net income is reduced by 1%

1.	If the income tax is increased by 19%, the net income is reduced by 1%. The rate of income tax is
A.	6%
B.	4%
C.	5%
D.	7.2%
Answer» D. 7.2%

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If the income tax is increased by 19%, the net income is reduced by 1%. The rate of income tax is

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