The tax rates for various income slabs are given below.
There are 15 persons working in an organization. Out of them, 3 to 5 persons are falling in each of the income slabs mentioned above. Which of the following is the correct tax range of the 15 persons? (E.g. If one is earning Rs. 2000, the tax would be:
500 × 0 + 1500 ×0.05)
Select an option to reveal the answer and explanation
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