This is not possible if both numbers are whole numbers.
The larger number would be
(20+15)/2 = 17.5
The smaller number would be
(20-15)/2=2.5
So they cannot be whole numbers.
Firstly we calculate 37% of 4300
so 37% of 4300=37×4300/100=1591
now 1/5 of 1591= 1×1591/5= 318.2
Hello!
Rate of income tax = Tax paid / Monthly income
⇒ Rate = 8,000 / 40,000
⇒ Rate = 0.2
⇒ Rate = 20%
∴ The rate of income tax is 20%.
Answer: The answer is the 3rd one
