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

Answers were Sorted based on User's Feedback



A man brought a house for Rs. 5lakhs and rents it. he puts 12 1/2% of each month's rent aside ..

Answer / dilip

Option C
Since In question ,taxes are calculated on annual basis, therefore we have to calculate on year basis .
Number of month in a year = 12
let the rent = x
therefore rent = 12x
Atq
(income on yearly basis) - (given 12.5 % on rent) - (year basis) = (10 % on investment(500000))
12x-12.5 of 12x -1660 = 10 % on investment(500000)

Is This Answer Correct ?    40 Yes 6 No

A man brought a house for Rs. 5lakhs and rents it. he puts 12 1/2% of each month's rent aside ..

Answer / 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 2 No

A man brought a house for Rs. 5lakhs and rents it. he puts 12 1/2% of each month's rent aside ..

Answer / prasad

"c" = 4920
repairs(12.5)=615
total tax per annum=1660
tax per month =138
remianing money for owner= 10% of invested money(5L)
remaining money per month =4167

rent per month=tax+repair+remian money
              =615+138+4167
              =4920

Is This Answer Correct ?    19 Yes 18 No

Post New Answer

More General Aptitude Interview Questions

3. 1, 3, 5, 7, __

10 Answers   Infosys,


Q) Susan wants to put up fencing around three sides of her rectangular yard and leave a side of 20 feet unfenced. If the yard has an area of 680 square feet, how many feet of fencing does she need? a) 38 b) 44 c) 72 d) 88 e) 97

6 Answers   GMAT, Infosys,


Find the next letter in the series B,F,J,P ---

0 Answers   DSQ Software,


WHO IS DRIVE OF TITANIC

0 Answers  


Find out the total numbers between 1 to 999 that are neither divisible by 8 nor by 12?

1 Answers   Accenture, CTS,






Ganesh and Shankar travel abroad and take more luggage than the airlines allow. They have to pay extra money for it. They carry 52 kgs together and pay $60 and $100 respectively. Now, if the same luggage was carried by only Ganesh it would cost him $340. If the airlines charges only at one rate for extra luggage what is the maximum luggage that a person can carry without paying extra?

0 Answers   Accenture,


in a railway station, there are tow trains going. One in the harbour line and one in the main line, each having a frequency of 10 minutes. the main line service starts at 5 o'clock. the harbour line starts at 5.02a.m. a man goes to the station every day to catch the first train. what is the probability of man catchinhg the first train

0 Answers   InfoTest,


6:60::?:504

3 Answers   RVS,


a man is standing before a painting of a man and he says I have no bro and sis and his [painted picture] father is my father’s son?

0 Answers   TCS,


a file s transferred from one location to another in buckets . the size of bucket s 10 kilobytes. the buckets get filled at rate of 0.0001kb per ms. transmission time from sender to receiver s 10ms per bucket. after receipt of bucket, receiver sends an acknowledgement tat reches sender in 100 ms. assuming no error during transmission write a formula to calculate time taken in seconds to successfully complete transfer of file of size N kb.

5 Answers   TCS, Tech Mahindra,


A rectangular tank can hold m litres of milk. Find how many litres of milk can a tank hold when all its dimensions are doubled?

0 Answers   Cap Gemini,


In a typical motor cycle rally, every motor cycle has to reach a speed of 20 m/min within a minute and it increase its speed by 20 m/min and the sum was 1600 m/min. Four minutes later, a new motor cyclist started running in the race. After another two minutes, the motor cyclist with the speed of 400 m/min stopped due to injuries and again two new motor cyclist started running in the race. What is the current average speed?

0 Answers   Cap Gemini,


Categories