A company invested Rs. 4 lakhs in a machine. The net income expected from the operation of the machine is Rs. 80,000 per annum. The payback period for the machine in years is
A. 5
B. 6
C. 7
D. 8
Answer: Option A
Related Questions on Mine Economics
A. Salting
B. Speculative rate of return
C. Depreciation
D. Ore reserve calculation
Join The Discussion