Ms. Sharma bought a house for Rs. 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?
1
\(\frac{C}{24}\)
2
\(\frac{C}{4}\)
3
\(\frac{C}{8}\)
4
\(\frac{C}{6}\)