Hello Dhivya,
It will result in a decrease in price.
Original price: 8400+ (3.5×84)
New price: 8400+ (3.33×84).
Reduction: 3.17×84= Rs. 266.28
Therefore, it will increase his capacity to buy goods.
Question : Tax on inheritance is called
Option 1: Excise duty
Option 2: Estate duty
Option 3: Gift tax
Option 4: Sales tax
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