A tractor shovel has a purchase price of Rs. 4.7 lacs and could save the organization an amount of rupees one lac per year on operating costs. The salvage value after the amortization period is 10% of the purchase price. The capital recovery period will be________________?

Related Mcqs:

Which of the following excavators is most suitable for digging under water?

A. Drag line B. Hoe C. Clam shell D. Dipper shovel...

If the expected time for completion of a project is 10 days with a standard deviation of 2 days, the expected time of completion of the project with 99.9% probability is________________?

A. 4 days B. 6 days C. 10 days D. 16 days...

The original cost of an equipment is Rs.10,000/-. Its salvage value at the end of its total useful life of five years is Rs. 1,000/-. Its book value at the end of two years of its useful life (as per straight line method of evaluation of depreciation) will be________________?

A. Rs. 8,800/- B. Rs. 7,600/- C. Rs. 6,400/- D. Rs. 5,000/-...

The grade resistance factor for an earth moving machine can be obtained by multiplying grade percentage by a factor approximately equal to_________________?

A. 2 kg/tonne B. 6 kg/tonne C. 9 kg/tonne D. 20 kg/tonne...

Select the correct statement?

A. Activity arrows in a CPM network are drawn to scale B. The tail of an arrow represents the finish of an activity C. Arrow bead represents the start of an activity D. none of the above...