Mathematics · Profit and Loss
Ms. Sharma bought a house for Rs. C in 2010. Three years later she sold the house for 25% more than she paid for it. She has to pay a tax of 50% on the gain (where gain is the selling price minus the cost price). How much tax must Ms. Sharma pay?
- 1C 6
- 2C 8✓
- 3C 4
- 4C 24
Correct answer
C 8
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