Chemical Engineering Plant Economics (MCQs)

The total investment in a project is Rs. 10 lakhs and the annual profit is 1.5 lakhs. If the project life is 10 years, then the simple rate of return on investment is

  • A. 15%
  • B. 10%
  • C. 1.5%
  • D. 150%
Answer: Option C.
Explanation: 
No answer description available for this question

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