An investment of Rs. 100 lakhs is to be made for construction of a plant, which will take two years to start production. The annual profit from the operation of the plant is Rs. 20 lakhs. What will be the…

Payback period____________________? A. And economic life of a project are the sameB. Is the length of time over which the earnings on a project equals the investment C. Is affected by the variation in earnings after the recovery of the…