9) B
The tax on the first £120,000 is free.
The maximum limit on the next band = £250,000
Difference = 250,000 – 120,000 = £130,000
Tax on this £130,000 = 1% = £1,300
Next band limit = £500,000
However, the price of the house is only £300,000
Difference between 300,000 and 250,000 = £50000
So the tax of 2% would be on this amount.
3% of 50000 = £1500
Total tax = 1300 + 1500 = £2800