A property fetches a net annual income of Rs. 3000/- deducting all outgoings. Calculate the capitalised value of the property if the rate of interest is 9% per annum.

A property fetches a net annual income of Rs. 3000/- deducting all out

1.	A property fetches a net annual income of Rs. 3000/- deducting all outgoings. Calculate the capitalised value of the property if the rate of interest is 9% per annum.
A.	Rs. 33,333.34
B.	Rs. 45,648.67
C.	Rs. 59,671.58
D.	Rs. 3,240.00
Answer» B. Rs. 45,648.67

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A property fetches a net annual income of Rs. 3000/- deducting all outgoings. Calculate the capitalised value of the property if the rate of interest is 9% per annum.

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