The total investment in a project is Rs. 10 lakhs and the annual profi – McqOptions

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1.	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» D. 150%

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