What would be the interest/hr of a three-bottom plough purchased by a farmer having 30 cm bottom width at 12000/- only? (Ploughing speed is 5 km per hour. Interest rate @ 10% of capital cost/year and salvage value @ 10% capital cost per year.)

What would be the interest/hr of a three-bottom plough purchased by a

1.	What would be the interest/hr of a three-bottom plough purchased by a farmer having 30 cm bottom width at 12000/- only? (Ploughing speed is 5 km per hour. Interest rate @ 10% of capital cost/year and salvage value @ 10% capital cost per year.)
A.	Rs 2.20/hr
B.	Rs 2.40/hr
C.	Rs 3.02/hr
D.	Rs 1.50/hr
Answer» B. Rs 2.40/hr

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What would be the interest/hr of a three-bottom plough purchased by a farmer having 30 cm bottom width at 12000/- only? (Ploughing speed is 5 km per hour. Interest rate @ 10% of capital cost/year and salvage value @ 10% capital cost per year.)

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