Log In
Welcome to GATE Chemical Q&A, where you can ask questions and receive answers from other members of the community.
0 votes
A taxi-car is bought for $Rs\: 10$ lakhs. Its salvage value is zero. The expected yearly income after paying all expenses and applicable taxes is $Rs$ $3$ lakhs. The compound interest rate is $9\%$ per annum The discounted payback period (in years), is ____________________ (rounded off to the next higher integer).
in Others 1.4k points
retagged by

Please log in or register to answer this question.