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A project costs Rs. 60,000 with an estimated annual return of Rs. 15,000 for the next 5 years. There is no salvage value. Based on an 18% interest rate, the benefit-cost ratio is approximately
0.78
28
45
4
0.78
Practice and solve "A project costs Rs. 60,000 with an estimated annual return of Rs. 15,000 for the next 5 years. There..." for Electrical - Economics for Engineers. The correct answer is Option A: 0.78. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Option **(a) **