Q: 5 year ago a company had as loss of 60% of its capital investment. In the next year they recovered the amount loss in 2 phase. In phase I they recover `1,00,000 and in phase 2, they recover `80,000, what was their initial capital investment.
A.
`3,60,000
B.
`3,00,000
C.
`2,40,000
D.
`1,60,000
Correct Answer:
Option B -
Explanations:
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