Question

mr katial buys for 100000 and rents it.he put's 12.5% of each month rent aside for unkeep and repairs pay's rs 325 per year as taxes and realise 5.5%annually on his investment find the monthly rent

Answer 1

Step-by-step explanation:

Let the monthly rent = x₹

We have,

5.5% of 100000 = 12(x-12.5% of x) -325

5500/12= x-(x/8)-325/12

5500/12+325/12=7/8×x

x=5825/12×8/7

Rs 554.76 per month

Answer 2

Answer:

the monthly rent will be Rs 554.76

Step-by-step explanation:

Let the monthly rent be Rs a. We have

5.5 % of 100000 = 12(a – 12.5% of a) – 325

5500 = 12(100 a – 12.5 a / 100) – 325

5500 = 3(87.5 a) / 25 – 325

5500 + 325 = 262.5 / 25 a

 5825 x 25 = 262.5 a

 a = 145625 / 262.5

 a = 554.76

So the monthly rent will be Rs 554.76