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?

7 years
12 years
10 years
5 years

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Chemical Engineering Plant Economics
In declining balance method of depreciation calculation, the

None of these
Annual depreciation is the fixed percentage of the property value at the beginning of the particular year
Annual cost of depreciation is same every year
Value of the asset decreases linearly with time

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