Present Value is defines as -

Dnyan Deshmukh

Staff member
Present Value is defines as -

(a) replacement value less depreciation value

(a) 20 times the annual Rent

(b) market value of another similar property, sold in the same locality in recent times

(c) Future Value after upgradation

(d) Book Value.

The correct Answer Is
(a) replacement value less depreciation value
 
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