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A man buys a truck for ₦ 250,000. The annual repair cost comes to 2%...

A man buys a truck for ₦ 250,000. The annual repair cost comes to 2% of the price of purchase. Besides, he has to pay an annual tax of .₦ 2000. *At what monthly rent must he rent out the truck to get a return of 15% on his net investment of the first year?*
A. ₦ 3359
B. ₦ 2500
C. ₦ 4000
D. ₦ 3212.5?
In Mathematics
5 Answers Available
Asked by Jerrycurl👨🏽‍🔬 on 12th July, 2020
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