An individual pays 30% income tax. On this tax he has to pay a surcharge of 10%. Thus, the net tax rate, he has to pay, is

An individual pays 30% income tax. On this tax he has to pay a surchar

1.	An individual pays 30% income tax. On this tax he has to pay a surcharge of 10%. Thus, the net tax rate, he has to pay, is
A.	45%
B.	40%
C.	33%
D.	27%
Answer» D. 27%

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An individual pays 30% income tax. On this tax he has to pay a surcharge of 10%. Thus, the net tax rate, he has to pay, is

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