The annual rates of a house are of its assessed annual value of Rs. 80,000. Find the amount payable each quarter (every 3 months).
Answer and explanation
Correct answer: D. Rs. 1,600
- Step 1: Annual rates .
- Step 2: A quarter is of a year: .
Answer
Rs. 1,600.
Why not the others: Rs. 6,400 is what you get if you give the annual amount. Rs. 533.33 is what you get if you divide by 12 instead of 4. Rs. 3,200 is what you get if you divide by 2 instead of 4.
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