Compute the benefit ratio of the following project. Project cost Gross income Operating cost P 300,000 P 70,000 per year P 15,000 per year Rate of interest 12% Life of business 12 yrs

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Compute the benefit ratio of the following project.
Project cost
Gross income
P 300,000
P 70,000 per year
P 15,000 per year
Operating cost
Rate of interest
12%
Life of business
12 yrs
Transcribed Image Text:Compute the benefit ratio of the following project. Project cost Gross income P 300,000 P 70,000 per year P 15,000 per year Operating cost Rate of interest 12% Life of business 12 yrs
а. 1.41
b. 1.12
с. 1.13
С.
d. 1.31
Transcribed Image Text:а. 1.41 b. 1.12 с. 1.13 С. d. 1.31
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