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AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 330 Topic 34 Discussion

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AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 330 Topic 34 Discussion

CWM_LEVEL_2 Exam Topic 34 Question 330 Discussion:
Question #: 330
Topic #: 34

Section C (4 Mark)

Read the senario and answer to the question.

Calculate the income from house property for Vinay. Municipal rental value 75000, Fair Rental value is 80000, Standard rent is 1,10,000. Municipal taxes paid for full house are Rs. 10,000 during the year. Interest paid by Vinay on borrowed money during the year is Rs. 101070.
A.

Rs. 108000

B.

Rs. 96,000

C.

Rs. –28,970

D.

Rs. –32,470

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Actual exam question for AAFM CWM_LEVEL_2 exam by Knox42723 at Aug 3, 2025, 12:00:00 AM

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