MCQOPTIONS
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| 1. |
An investment of Rs. 100 lakhs is to be made for construction of a plant, which will take two years to start production. The annual profit from the operation of the plant is Rs. 20 lakhs. What will be the payback time? |
| A. | 5 years |
| B. | 7 years |
| C. | 12 years |
| D. | 10 years |
| Answer» C. 12 years | |