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
Options
A. 15%
B. 10%
C. 1.5%
D. 150%
Correct Answer
1.5%
More questions
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Correct Answer: Liquor flows inside the tube, while the steam is outside submerging the tube.
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