9. A Machinery was giver on 3 years lease by a dealer of the machinery for equal annual lease rentals to yield 20% profit margin on cost of the machinery, which is Rs.3,00,000. Economic life of the machinery is 5 years, and estimated output from the machinery in 5 years is as follows: Year I 50,000 units Year II 60,000 units Year III 40,000 units Year IV 65,000 units ADVANCED ACCOUNTING Year V 85,000 units. Compute Annual Lease Rent.
Select Your Answer (Keyboard: A, B, C, D)
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