Page 32 - Consumer Mathematics
P. 32
Quit rent rate is fixed by the state government based on location, size and type of land. The amount of tax payable
each year depends on the quit rent rate per unit area on the total land area owned.
Example 9
Question Solution:
Mr Hamid owns a house with an area of 130 m². It is given Quit rent = quit rent rate per unit area × total land area
that the quit rent rate levied is RM0.43 per square metre. = RM0.43 × 130 = RM55.90 each year
Calculate the quit rent payable by Mr Hamid each year.