A house agent’s commission for letting property is 7.5% on each year’s rental. If his annual earnings on letting house is Rs. 112.5 lakhs, how much (in lakhs) does the owner of the house receive after paying the agent’s charge?

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A house agent’s commission for letting property is 7.5% on each year’s rental. If his annual earnings on letting house is Rs. 112.5 lakhs, how much (in lakhs) does the owner of the house receive after paying the agent’s charge?