Business
138 Points
Joined July 2009
see anuj, there are first of all three types of rent.
1. Municipal value
2. Fair rent
3. Standard rent
the values for all these will be given.
then there is Expected rent which u need to find out.
exp rent = higher of M or F, then lower to S.R.
Now suppose MV= 10, FR=15, SR= 12
THEN E.R=
HIGHER OF M OR F I.E. = 15
LOWER OF RESULT OR SR I.E. (15, 12) =12
THEREFORE EXPECTED RENT=12