Municipal Valuation of the House Is Rs

Municipal valuation of the house is Rs.1,00,000 fair rent Rs.1,20,000, fair rent Rs.1,20,000, standard rent Rs.1,10,000 and actual rent received or receivable is Rs.1,40,000. The gross annual value in this case shall be ____________

A) 1,30,000
B) 1,25,000
C) 1,40,000
D) 1,35,000