Question

A 5-year housing project costing Php 500, 000 is projected to give the following annual returns: Year 1 – 75, 000 Year 2 – 150, 000 Year 3 – 225, 000 Year 4 – 300, 000 Year 5 – 350, 000
Will you accept the project? Why?

Answer 1

Answer:

अपनी प्यारी आँखो में “छुपा”लो मुझको, मोहब्बत तुम से है “चुरा” लो मुझको… धुप हो या सह़र तेरे साथ चलेंगे हम, यकीन ना हो तो आज़मा लो मुझको, तेरे हर दुःख को सह लेंगे हँस के हम…. अपने वादों की “चादर” बना लो मुझको, जिंदगी भी तेरे “नाम” कर दी मैंने…… बस चंद लम्हें “सीने” से लगा लो मुझको

Answer 2

Answer:

Yes, I will accept the 5 year housing project because the return amount is more than double of the amount invested.

Step-by-step explanation:

1) A 5 year housing project costs 5,00,000 i.e. 5 lakhs

2) The annual returns are

1st year- 75,000

2nd year- 1,50,000

3rd year- 2,25,000

4th year - 3,00,000

5th year - 3,50,000

3) The total returns after the 5 years will be

$= 75000 + 150000 + 225000 + 300000 + 350000$

$= (75 + 150 + 225 + 300 + 350) \times 1000$

$= 1100 \times 1000$

$= 11,00,000$

$= 11 \: lakhs$

So the return amount is 11 lakhs and invested amount was 5 lakhs.

The return amount is more than the double of invested amount so one should definitely accept the project.