The cost of a house was Rs. X lakhs in 2005. After 3 years, the owner of the house sold it for 25% more than she paid it
The cost of a house was Rs. 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.
a) x/2
b) x/8
c) x/4
d) x/24
Sol:
