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A person wants to open a shop, have 2 options, to acquire a commercial space either by leasing for 10 years at annual rent of Rs. 2,00,000/- or by purchasing the space for Rs. 12,00,000/-. If a person can borrow money at 14% p.a compounded annually. Which alternate is most suitable?(a) Leasing(b) Prucasing(c) Can't say(d) Data Insufficient? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared
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A person wants to open a shop, have 2 options, to acquire a commercial space either by leasing for 10 years at annual rent of Rs. 2,00,000/- or by purchasing the space for Rs. 12,00,000/-. If a person can borrow money at 14% p.a compounded annually. Which alternate is most suitable?(a) Leasing(b) Prucasing(c) Can't say(d) Data Insufficient?, a detailed solution for A person wants to open a shop, have 2 options, to acquire a commercial space either by leasing for 10 years at annual rent of Rs. 2,00,000/- or by purchasing the space for Rs. 12,00,000/-. If a person can borrow money at 14% p.a compounded annually. Which alternate is most suitable?(a) Leasing(b) Prucasing(c) Can't say(d) Data Insufficient? has been provided alongside types of A person wants to open a shop, have 2 options, to acquire a commercial space either by leasing for 10 years at annual rent of Rs. 2,00,000/- or by purchasing the space for Rs. 12,00,000/-. If a person can borrow money at 14% p.a compounded annually. Which alternate is most suitable?(a) Leasing(b) Prucasing(c) Can't say(d) Data Insufficient? theory, EduRev gives you an
ample number of questions to practice A person wants to open a shop, have 2 options, to acquire a commercial space either by leasing for 10 years at annual rent of Rs. 2,00,000/- or by purchasing the space for Rs. 12,00,000/-. If a person can borrow money at 14% p.a compounded annually. Which alternate is most suitable?(a) Leasing(b) Prucasing(c) Can't say(d) Data Insufficient? tests, examples and also practice UPSC tests.