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The cost of a house was $ X lakhs in 2005. After 3 years, the owner of the house sold it for 25% more than she paid it. But she has to pay a tax of 50% of the gain. The tax amount she has to pay is.
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X 2 -
X 8 -
X 4 -
X 24
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Correct Option: B
As per the given in question ,
The owner of the house sold it for 25% more than she paid it ,then
| Gain = X × | = $ | 100 | 4 |
| Taxes = | × | = $ | 4 | 2 | 8 |
