please solve this problem with proper explanation
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Answer:
2500
Explain:
he has annual income $ 7,25,000 ,and he want to pay 5,00,000 .
he want to pay exemption amount of 10%of balance amount
balance = 2,25,000
income tax =10%
2,25,000/10=2,250
he want to pay for income tax department =2,250
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