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Umesh

· started a discussion

· 1 Months ago

This is word problem (Question: 101225.0 )

Not approximation.....how it is possible?
it's clearly 5.26

Question:

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

Options:
A) 6% 
B)  4%
C) 5% 
D) 7.2%
E) 8.2%
Solution:

19% Income Tax = 1% Income

                \(\cfrac{Income \ Tax}{Income}\)  = \(\cfrac{1}{19}\)  = 5%

Talented Boy

· commented

· 1 Months ago

Its very obvious bro, 5.26 is approximately equal to 5
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