MCQOPTIONS
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MCQOPTIONS
| 1. |
If the marginal rate of tax is 40% and consumers income increase from Rs10,000 to Rs12,000 ? |
| A. | The amount of tax paid will increase by Rs4,800 |
| B. | The amount of tax paid will increase by Rs4,000 |
| C. | The amount of tax paid will increase by Rs 800 |
| D. | The total tax paid will be Rs4,800 |
| Answer» E. | |