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CSS Solved Papers
Physics Chemistry

Engineering :: Industrial Engineering


  Among the following which is the best example of a short term capital gain?
[A]. A motor-cycle sold at a marginal loss within a year of its purchase[B]. A house held by a real estate dealer for sale, the value of which has increased before purchase
[C]. A pleasure car sold for more than what was paid for it within 4 months of the purchase[D]. A gift which is resold within six months of receipt
[E]. None of the above    

Answer: Option C


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