A house costs C rupees. later it was sold for a profit of 25... | Mathematics | SolveeIt | Solveeit

Today, August 19

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

$\frac{C}{24}$

B

$\frac{C}{8}$

C

$\frac{C}{4}$

D

$\frac{C}{2}$

Answer

$\frac{C}{8}$

Explanation

Solution

The correct option is (B): $\frac{C}{8}$