If the rate of income tax increases by 18%, net income decreases by 2%. What was the rate of income tax?

If the rate of income tax increases by 18%, net income decreases by 2%

1.	If the rate of income tax increases by 18%, net income decreases by 2%. What was the rate of income tax?
A.	10
B.	20
C.	15
D.	12
Answer» B. 20

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If the rate of income tax increases by 18%, net income decreases by 2%. What was the rate of income tax?

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