A landlord bought a property for ₹12,00,000. He wants to earn a 10% annual return on his investment after paying ₹2,500 per month for maintenance. What should be the monthly rent he charges?

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விடை: (C) ₹12,500

விளக்கம்

The 10% return on ₹12,00,000 is ₹1,20,000 a year = ₹10,000 a month; adding ₹2,500 maintenance gives ₹12,500.