engineering recuitment UPMRC JE 2024 Mock Test Industrial Engineering Engineering Economy and Costing
A building fetches a rent of Rs. 10,000 annually. After repairing, it will last for 2 years. If the rate of interest on capital is 5% and the co-efficient of annual sinking fund is 0.05, then estimate the capitalized value of the building after 2 years.
1
Rs. 4,50,000
2
Rs. 8,50,000
3
Rs. 1,50,000
4
Rs. 1,00,000