A house costs Rs. 1000,000. Incidental expenses and taxes amount to Rs. 3600 a year. What rent per month must the owner receive to clear 6% of his investment?

Related MCQs

• During a survey conducted by India Today it was found that the salary of the engineer who graduated 5 years ago, is Rs. 20,000 per year and that the median salary is Rs. 16000 per year. The distribution curve is
• A merchant who has debts of Rs. 43,250 has gone bankrupt and can pay of only 15 paise on the rupee. How much will his creditors receive?
• A manufacturer in Tamilnadu sells his goods in Madras. Which tax is applicable on his goods?
• A factory is insured for 80% of its value at 5/12%. The premium is Rs. 500. What is the total value of the house?
• A house valued at Rs. 47,500 is insured for 4/5 of its value at 1
• Depreciation charges for a machine are thirty paise per working hour. The machine has a scrap value of Rs. 2000 and a working hour average life of 24000 hours. The purchase price of the machine would be
• A dealer sells a set of tools for Rs. 900 which is 80% more than he paid for it. At what price must he sell the same set to make 120% on the cost?
• A facility extended by an employer to his employees other than wages and salaries is
• In which operation the horse power required to remove one cubic centimetre of material (soft steel) per minute under average conditions will be maximum
• A coloth dealer has to place an order for a new fashioned ladies sarees, but he understands that it would be outdated fairly soon. Further, he does not know the exact demand of the dress. His decision for stock will be