Mathematics for FinancePYQ Dec 23Question 1559 of 422
All Questions

A person wants to open a shop have two options to acquire a commercial space either by leasing for $10$ years at annual rent of $2,00,000$ or by purchasing the space for $22,00,000$. If person can borrow money at $14\%$ compounded per annum. Which alternate is most suitable?

Options

ALeasing
BPurchase
CCan't say
DData insufficient
For any discrepancies in this question, email contact@cadada.in

Correct Answer

Option aLeasing

All Options:

  • ALeasing
  • BPurchase
  • CCan't say
  • DData insufficient

More Questions from Mathematics for Finance

Ready to Master Mathematics for Finance?

Practice all 422 questions with instant feedback, earn XP, track your streaks, and ace your CA Foundation exam.

Start Practicing — It's Free