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Mining Engineering · Q5

Mine Economics

Engineering and GATE · Mining Engineering · question 5

Q5

At a discount rate of 12%, uniform annual savings producing Rs. 6 lakhs at the end of 10 years is

A.
Rs. 105740
B.
Rs. 52850
C.
Rs. 19320
D.
Rs. 34190
Answer

Answer: Option D

Solution

Answer: Option D
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