SSC JE Civil (Paper 2) 4 Dec 2023 Shift 1 Solved Paper

A residential building fetches a monthly gross rent of Rs. 12,000. The annual outgoings in the form of taxes and other contingencies is Rs. 12,000. The cost of land comes to Rs. 6,00,000. Estimate the total value of property (in Rs.) on a yearly basis. Assume the rate of interest as 6% per annum.