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Two alternatives for a construction project are being considered. Both projects have a 5-year life. Alternative A initially costs is Rs. 2,260 and yields Rs. 355 annually for 5 years. Alternative B initially costs Rs. 5,500 and yields Rs. 1,250 annually for 5 years. The rate of return on the difference between the alternatives is approximately
60%
8%
12%
15%
12%
Practice and solve "Two alternatives for a construction project are being considered. Both projects have a 5-year life. ..." for Electrical - Economics for Engineers. The correct answer is Option C: 12%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Option **(c) **