The assessed value of a house is Tk. 72000 which stands at 60% of the market value of the house. If tax rate is Tk. 3 for every Tk. 1000 of the market value of the house, how much would be the tax on the house?
A Tk. 216
B Tk. 360
C Tk. 1386
D Tk. 2160
Solution
Correct Answer: Option B
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