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    A property fetches a net annual income of deducting all outgoings is 1000/-. The capitalized value of the property for the rate of interest 6% will be
    Question

    A property fetches a net annual income of deducting all outgoings is 1000/-. The capitalized value of the property for the rate of interest 6% will be (in ₹) -

    A.

    ₹ 16667.00

    B.

    ₹ 15003.00

    C.

    ₹ 18000.00

    D.

    None of the above

    Correct option is A

    Net annual income=Capitalized value of property×ROI100Given:Net annual income=1000ROI=6%1000=Capitalized value×6100Capitalized value=16666.6616667\text{Net annual income} = \text{Capitalized value of property} \times \frac{\text{ROI}}{100} \\[6pt]\text{Given:} \\ \text{Net annual income} = 1000 \\ \text{ROI} = 6\% \\[6pt]1000 = \text{Capitalized value} \times \frac{6}{100} \\[6pt]\text{Capitalized value} = 16666.66 \approx 16667​​

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