Let the total number of students be x Average marks obtained by the students = 75 Total marks = 75x After correcting the quantitative mistakes the average decreased by (75-60) = 15 marks Total reduction = 15 × 100 = 1500 Now According to the Question, (75x-1500)/x = 70 70x = 75x – 1500 X = 300 Total number of students = 300
The discount rate that makes the present value of expected cash flows from the project equal to the initial cost of the project is called:
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