Income tax is raised from 4 paise to 5 paise in a rupee but the revenue is incre – OfficerPath

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MCQ Practice

Income tax is raised from 4 paise to 5 paise in a rupee but the revenue is increased by 10% only. Find the decrease percent in the amount taxed.

Subject: MathematicsTopic: Percentage

A

12%

B

14%

C

16%

D

None of these

Correct Answer: A

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