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A property fetches a net annual income of Rs.900 deducting all outgoings. Workout the capitalized value of the property if the rate of interest is 6% per annum.(a) Rs.67003.00(b) Rs.189003.00(c) Rs.45603.00(d) Rs.15003.00The question was posed to me in an interview for internship.This is a very interesting question from Values, Tax, Funds & Rents etc topic in division Valuation, Reports Technical and Design Data of Civil Engineering Drawing |
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Answer» The CORRECT CHOICE is (a) Rs.67003.00 |
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