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If the income of Central Government from Excise duty is 28,618 crores, then the total revenue earned by the Government is:
Answer & Solution
Correct Answer:
Option
C
Excise duty = 41%
Total revenue × $$ \frac{41}{100}$$ = 28618
Total revenue = 28618 × $$\frac{100}{41}$$
= Rs. 69,800 crores
Total revenue × $$ \frac{41}{100}$$ = 28618
Total revenue = 28618 × $$\frac{100}{41}$$
= Rs. 69,800 crores
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