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Reported Question / Answer
Q.) 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 pay back time ?
1)
7 years
2)
5 years
3)
10 years
4)
12 years
5)
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Answer :
1
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