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Question
Write whether the following statement vary directly, vary inversely with each other, or neither of the two.
Income tax and the income.
Solution
Income tax and the income are directly proportional to each other, e.g. Let Mr X have 4.5 lakh annual income.
Then, he pay 10% income tax on his income.
But if Mr X have 5.5 lakh annual income, then he has to pay 30% income tax on his salary/income.
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