A property fetches a net annual income of Rs.900 deducting all outgoings. Workout the capitalized value of the property if the rate of interest is 6% per annum.

A property fetches a net annual income of Rs.900 deducting all outgoin

1.	A property fetches a net annual income of Rs.900 deducting all outgoings. Workout the capitalized value of the property if the rate of interest is 6% per annum.
A.	Rs.67003.00
B.	Rs.189003.00
C.	Rs.45603.00
D.	Rs.15003.00
Answer» B. Rs.189003.00

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