What is this? Please help!!
1 answer:
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Answer:
Option C)
Step-by-step explanation:
We are given the following in the question:
I is the annual income of a person in a country R
2 percent of one’s annual income =
1 percent of one’s annual income =
Average of 100 units of Country R’s currency and 1 percent of one’s annual income.
Income tax =
2 percent of one’s annual income + Average of 100 units of Country R’s currency and 1 percent of one’s annual income.
Thus, income tax is given by
Option C)