10) £3300

If no cheating was not taking place,
Original tax would be = 3% of £260,000 = £7800

After cheating,
The tax would be = 1% of 249,999 = £2499.99 ~ £2,500
The buyer agrees to pay an extra £2,000
So total money buyer would have to pay = 2500 + 2000 = £4,500

Buyer would save = 7800 – 4500 = £3,300

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