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Project A has an initial cost of Rs. 50,000 with annual benefits of Rs. 4,500. Project B has an initial cost of Rs. 75,000 with annual benefits of Rs. 7,200. Based upon payback period analysis, which project is more desirable?
Project A
Project B
None of above
Both (a) and (b)
Project B
Practice and solve "Project A has an initial cost of Rs. 50,000 with annual benefits of Rs. 4,500. Project B has an init..." for Electrical - Economics for Engineers. The correct answer is Option B: Project B. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Option **(b) **