alleryStart learning →Outlay Rs 1,00,000; inflows Rs 40,000, 50,000, 60,000 in years 1 to 3. Payback?
A2.50 years
B2.17 years
C2.00 years
D3.00 years
Answer & Solution
Correct answer: B. 2.17 years
After two years Rs 90,000 is recovered, and the last Rs 10,000 needs 10,000 / 60,000 of year 3, so payback is about 2.17 years.
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