
Ques:- An individual pays 30% income tax. On this tax he has to pay a surcharge of 10%. Thus the net tax rate, he has to pay is
A. 27%
B. 33%
C. 40%
D. 45%
Ques:- The cost of Type 1 rice is Rs. 15 per kg and Type 2 rice is Rs. 20 per kg. if both Type I and Type 2 are mixed in the ratio of 2 : 3, then the price per kg of the mixed variety of rice is
A. Rs. 18
B. Rs. 18.50
C. Rs. 19
D. Rs. 19.50
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