Mathematics · Capital Budgeting
Compute the Pay-Back period from the following information: Cost of Machine = ₹1,80,000 Estimated savings in scrap = ₹8,000 Estimated savings in direct wages = ₹80,000 Additional Cost of Maintenance = ₹10,000 Additional Cost of Supervision = ₹18,000
- 15 years
- 24 years
- 33 years✓
- 42 years
Correct answer
3 years
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