Question:
A house costs C rupees. later it was sold for a profit of 25%. What is the capital gains tax if it is 50% of the profit?
A house costs C rupees. later it was sold for a profit of 25%. What is the capital gains tax if it is 50% of the profit?
Updated On: Sep 27, 2024
- \(\frac{C}{24}\)
- \(\frac{C}{8}\)
- \(\frac{C}{4}\)
- \(\frac{C}{2}\)
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The Correct Option is B
Solution and Explanation
The correct option is (B): \(\frac{C}{8}\)
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