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Two co-owners share a let house equally; annual value Rs 4,00,000, no loan. Each one's income?

ARs 2,00,000
BRs 1,20,000
CRs 1,40,000
DRs 2,80,000
Answer & Solution
Correct answer: C. Rs 1,40,000
Income after 30 per cent is 2,80,000 in all, and each of the two equal co-owners includes half, Rs 1,40,000.
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