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Class 8 Math MCQs – Certification Test 179

Taxation MCQ (Question 179) – Learning App & e-Book Download

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MCQ 179: 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:

  1. $5,400
  2. $6,500
  3. $7,000
  4. $7,200

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