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

Question

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.

Options:

A . 12%

B . 14%

C . 16%

D . None of these

Answer: Option A

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