Enter the monthly rent ($) and the rebate rate (%) into the Calculator. The calculator will evaluate the Rent Rebate.

## Rent Rebate Formula

RR = MR * Rr/100

Variables:

- RR is the Rent Rebate (%)
- MR is the monthly rent ($)
- Rr is the rebate rate (%)

To calculate Rent Rebate, multiply the monthly rent by the rebate rate over 100.

## How to Calculate Rent Rebate?

The following steps outline how to calculate the Rent Rebate.

- First, determine the monthly rent ($).
- Next, determine the rebate rate (%).
- Next, gather the formula from above = RR = MR * Rr/100.
- Finally, calculate the Rent Rebate.
- After inserting the variables and calculating the result, check your answer with the calculator above.

**Example Problem : **

Use the following variables as an example problem to test your knowledge.

monthly rent ($) = 4000

rebate rate (%) = 10