assignment for

Q.3) Find out GAV from the following details :

	A	B	C
Municipal Value	8000	16000	19000
Fair  Rent	10000	18000	14000
Standard Rent	12000	20000	15000
Rent Per month	1500	1800	1200
Vacancy Period	1	2	4

Solution:

CALCULTION OF GROSS ANNUAL VALUE(GAV)-

For this we have to calculate actual rent:

	A	B	C
Rent Received per month	1500	1800	1200
Vacancy Period	1	2	4
Actual Rent Received	16500	18000	9600

	A	B	C
Municipal Value	8000	16000	19000
Fair Rent	10000	18000	14000
Standard Rent	12000	20000	15000
Actual Rent	16500	18000	9600
GAV	16500	18000	15000

GAV of House A-16500

                        B-18000    

                        C-15000