Chemical Engineering Plant Economics
An investment of Rs. 100 lakhs is to be made for construction of a plant, which will take two years to start production. The annual profit from the operation of the plant is Rs. 20 lakhs. What will be the pay back time?

5 years
10 years
12 years
7 years

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Chemical Engineering Plant Economics
The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the

Difference between initial cost and salvage value
Initial cost
Book value at the end of (n - 1)th year
Depreciation during the (n - 1)th year

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