Question

Considering the 5th slab of tax structure of Pakistan for 2020-2021, Where the taxable salary income exceeds Rs. 2,500,000 but does not exceed Rs. 3,500,000 the rate of income tax is Rs. 195,000 + 17.5% of the amount exceeding Rs. 2,500,000.  If we create a mathematical Model of the tax structure, the function for this particular slab will be: 

0.175x+195000

0.175x-242500

0.175x-445000

0.175x-195000​

Answer 1

Answer:

0.175×-195000 this is a correct answer