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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 -
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Explanations:

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