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Answer:
2.5%
Step-by-step explanation:
Given data
Profit = Euro 20,000,000
Tax paid= Euro 500,000
The percentage tax paid is
% Tax= Tax paid/Profit*100
% Tax= 500,000/20,000,000*100
% Tax=0.025*100
% Tax=2.5
Hence the percentage tax paid is 2.5%