alleryStart learning →A project costs Rs 1,00,000 and returns Rs 1,32,000 after one year. At 10 percent, what is the PI?
A1.10
B1.00
C1.32
D1.20
Answer & Solution
Correct answer: D. 1.20
PV of 132,000 at 10 percent is 120,000, so PI = 120,000/100,000 = 1.20.
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