As country follows a progressive taxation system under which the income tax rate applicable varies for different slabs of income. Total tax is computed by calculating the tax for each slab and adding them up. The rates applicable are as follows: Annual Income Slab (in Rs.) Tax Rate Applicable 0-50,000 0% 50,001-60,000 10% 60,001-1,50,000 20% >1,50,000 30% .If my annual income is Rs.1,70,000 then what is the tax payable by me? a. `R s .17000` b. `R s .25000` c. `R s .34000` d. `R s .51000`