a man buys a land and pays 20 times its annaul rent.what is its rate %
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Step-by-step explanation:
to calculate the percentage of rate of return on the investment of the landowner, we need to divide (1200 / 2000 ) * 100 = 60 %. Therefore the amount he is earning from his investment is, 60% per annum.
answered by gauthmath
Answered by
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Step-by-step explanation:
Hence in order to calculate the percentage of rate of return on the investment of the landowner, we need to divide (1200 / 2000 ) * 100 = 60 %. Therefore the amount he is earning from his investment is, 60% per annum.
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