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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.
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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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