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Question
What should be the new tax percentage on Brand 2 so that the tax collected by value for Brand 1 and 2 are the same?
Options:
A .  12%
B .  16.3%
C .  20.25%
D .  24.56%
Answer: Option B
:
B
New value of tax collected by brand 2 =9135000.
Hence new percent value of tax should be 913500056000000×100=16.3125%.

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