3)How much secondary and higher education cess is payable on the income Tax of
8500 ?
4)Solve: 2x + y = 5 ; 3x - y = 5 then x = ?
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Step-by-step explanation:
3)Education Cess Rate
For the education cess the rate is 2% of the tax payable and for the Secondary and Higher Education Cess the rate is 1% of the tax payable.
4)Adding the given two equations and we obtain 5x=10 and hence x=2
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