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
1. Wall thickness of schedule 40 pipe as compared to that of schedule 80 pipe is
Options
A. more
B. less
C. same
D. cither (a) or (b); depends upon the I.D. of the pipe