AAFM Exam CWM_LEVEL_2 Topic 4 Question 33 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam

Question #: 33
Topic #: 4

Section C (4 Mark)

Read the senario and answer to the question.

Calculate the income from house property for Vinay. Municipal rental value 75000, Fair Rental value is 80000, Standard rent is 1,10,000. Municipal taxes paid for full house are Rs. 10,000 during the year. Interest paid by Vinay on borrowed money during the year is Rs. 101070.

ARs. 108000

BRs. 96,000

CRs. --28,970

DRs. --32,470

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Suggested Answer: C

by Fabiola at May 07, 2022, 02:25 AM

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