Gurujobalert

A man buys a bus for ₹ 500000. If the annual maintenance cost of the bus is 4% and annual tax is ₹ 5000, for how much rent per month (in `), should the man rent the bus, so that he gets an annual return of 20%?

. 

a

  7500

b

 9250

c

 12500

d

 8750

Answer : Option D
Explanation :
₹ Here, total cost of bus per year
= + ( % ₹ 500000 4 of `₹ 500000 + ₹ 5000)= ₹ 525000For getting a return of 20%, he has to get 20% of ₹ 525000= ₹ 105000Hence, rent per month = ₹ (105000/12) = ₹ 8750
500
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