A man buys a truck for Rs. 2,50,000. The annual repair cost comes to 2% of the price of purchase. Besides, he has to pay an annual tax of Rs. 2000. At what monthly rent must he rent out the truck to get a return of 15% on his net invests of the first year?

Asked Sep 07, 2023 Modified Sep 07, 2023 Viewed 0 times
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asked Sep 07, 2023 at 09:12
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Rs. 3212.5
answered Sep 07, 2023 at 09:12

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