alleryStart learning →Cost Rs 3,00,000, scrap Rs 60,000, 4 years, total profit Rs 1,44,000. ARR?
A12%
B15%
C20%
D24%
Answer & Solution
Correct answer: C. 20%
Average profit is 1,44,000 / 4 = 36,000 and average investment is (3,00,000 + 60,000) / 2 = 1,80,000, so ARR is 20 percent.
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Related questions
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