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Q: Ms. Sharma bought a house for `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. (The gain is the selling price minus the cost.) How much tax must Ms. Sharma pay?
  • A.
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  • B.
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  • C.
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  • D.
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Correct Answer: Option C -
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Explanations:

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