The tax on a commodity is diminished by 10% and the consumption increases by 10% the effect on the revenue derived?
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Answered by
11
decrease by 1% if u want full explanation u can comment
selestina:
Yes thank u
sorry tax decreased by 10% so final tax wiil be 90/ 100
and cosumption increase by 10% so it will be 110/100
so revenue will be after solving 99/100
Yes I got it
so simpaly it decrease 1 from 100 means 1%
Then how you say that is 1% decrese
ya
Yes I got it
Thank you
Answered by
3
idk sry bye dude haha
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