the rent of house is Rs 1500 per month find property tax due on him at rate of 15%
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Answer:
Rent of house per month = ₹1,500
Per annum Rent= ₹1,500 x 12 months
= ₹18,000
Tax of property = ₹18,000 x 15%
= ₹2,700 per annum
Or
=2,700/12month
= ₹225 per month
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