A man pays 40 times the annual rent to purchase a building. The rate % per annum he derives from his investment is

25 %

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2.5 %

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5 %

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40 %

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Solution

The correct option is B $2.5 %$
Let $x$ be the anuual rent so, $P = 40 x$
$I = \frac{P \times N \times R}{100}$
$x = \frac{40 x \times 1 \times R}{100}$
Rate %
$= \frac{100}{n u m b e r o f t i m e s t h e a n n u a l r e n t}$ %
$= \frac{100}{40} = 2.5$ %

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A man pays 40 times the annual rent to purchase a building. The rate % per annum he derives from his investment is

The correct option is B 2.5%Let x be the anuual rent so, P=40xI=P×N×R100x=40x×1×R100Rate %=100numberoftimestheannualrent%=10040=2.5%

The correct option is B $2.5 %$
Let $x$ be the anuual rent so, $P = 40 x$
$I = \frac{P \times N \times R}{100}$
$x = \frac{40 x \times 1 \times R}{100}$
Rate %
$= \frac{100}{n u m b e r o f t i m e s t h e a n n u a l r e n t}$ %
$= \frac{100}{40} = 2.5$ %