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Mining Engineering · Q15

Mine Economics

Engineering and GATE · Mining Engineering · question 15

Q15

A firm, having a cost of capital of 12%, evaluates a small mining project of initial investment of Rs. 100 lakhs. For the benefits shown in the table below, the benefit-cost ratio of the project is Year 1 2 3 4 Benefits (Rs. in lakhs) 25 40 40 50

A firm, having a cost of capital of 12%, evaluates a small mining project of initial investment of Rs. 100 lakhs. For the benefits shown in the table below, the benefit-cost ratio of the project is
Year 1 2 3 4
Benefits (Rs. in lakhs) 25 40 40 50
A.
0.985
B.
1.145
Answer
C.
1.384
D.
1.550

Answer: Option B

Solution

Answer: Option B
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