MCQOPTIONS
Saved Bookmarks
| 1. |
The income tax imposed on first $90000 of income is $4000 and next $20000 is 7%. If chargeable income is $100,000 then the tax payable by the tax payers is |
| A. | $5,400 |
| B. | $6,500 |
| C. | $7,000 |
| D. | $7,200 |
| Answer» B. $6,500 | |