Chemical Engineering - Chemical Engineering Plant Economics - Discussion

Discussion Forum : Chemical Engineering Plant Economics - Section 1 (Q.No. 7)
7.
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
15%
10%
1.5%
150%
Answer: Option
Explanation:
No answer description is available. Let's discuss.
Discussion:
12 comments Page 2 of 2.

HK said:   2 years ago
15% is the correct answer.

HK said:   2 years ago
The right answer is 15%.


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