d Word problem 1 (tax and income tax) | Job Exam Rare Mathematics (JEMrare) - Solved MCQs

# Word problem 1 (tax and income tax)

Problem 1: The rent of a flat is 250 Rs per month. The house tax is to be charged 10% yearly, but 12% of the house rent is deducted for repair and other expenses. What is the amount of house tax?

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Solution:

Monthly rent is given here, but tax is applied on yearly basis- so we will calculate one years rent first;

But 12 % of rent is deducted for repairing;

So,

10% of this remaining amount will be tax!

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