Question

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4 Mohan Coal Co Ltd holds a lease of coal mines
for a period of ten years commencing from 1 st
April 2000. According to lease, the company
has to pay 40ps per ton as royalty with a
minimum rent of Rs 10,000 p. a. Each year's
short workings can, however be recouped out of
the excess royalty in next two years only. In the
year of strike, the minimum rent is to be reduced
to 60%. The output for the six years has been as
under
Year Output (In tonnes)
1
20,000
24,000
INO
50,000​

Answer 1

Answer:

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