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A man brought a house for Rs. 5lakhs and rents it. he puts
12 1/2% of each month's rent aside for repairs, pays Rs.1660
as annual taxes and realizes 10% on his investment
thereafter. the monthly rent of the house is :
a) Rs.2460 b)Rs.2500 c)Rs.4920 d)Rs.5000

Answer Posted / spider man

The taxes are given annually,so we have to solve as per year.
12.5 percent of x multiplied by 12 +rs.1660+10 percent of x =12x.
Rs.51660=12x- 3x/2.
X=4920.
Therefore, answer is 'C'.

Is This Answer Correct ?    12 Yes 3 No



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