| Q.130 | A residential building fetches a monthly gross rent of Rs. 6000 . The annual outgoings in the form of taxes and other contingencies is Rs. 12,000 . The cost of land comes to Rs. 2,00,000 . Estimate the total value of property on a yearly basis. Assume the rate of interest as 6% per annum. | |
| Ans | A. Rs.10,00,000 | |
| B. Rs.14,00,000 | ||
| C. Rs.2,60,000 | ||
| D. Rs.12,00,000 |
Correct Ans Provided: D