Mr. R owns a house. The Municipal value of the house is ` 50,000. He p – McqOptions

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1.	Mr. R owns a house. The Municipal value of the house is ` 50,000. He paid `8,000 as local taxes during the year. He uses this house for his residentialpurposes but lets out half of the house @ ` 3,000 p.m. The annual value ofthe house is.
A.	15,000
B.	` 16,000
C.	` 17,000
D.	` 18,000
Answer» C. ` 17,000

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