Question

a person buys a house at 40 times of its annual rent. what is the percentage gain that he getting due to this investment?

Answer 1

let the annual rent be x
so, a person buys a house at 40 times more

so, the gain percentage = (100-40)% = 60%
= 40 % of x = 60
x = 60*100/40
x = 150
so, the gain percentage is 60 %

Answer 2

Step-by-step explanation:

$rate = 100 \div number of times the annualrent \\ \\ = ( 100 \div 40)\% = 2.5\% \: \:$