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Question 93 Quantitative Techniques 2011 Medium MCQ +1.00 marks · -0.25 negative

Jorgen's taxable income for 2010-11 is Rs. 5, 00,000. The tax rates are (i) nil for first 1,50,000, (ii) 10% for 1,50,001- 3,00,000, and (iii) 20% for the remaining. His Tax liability is:

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