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Mr Rajan Earns Rupees 1,20,000/-, a Year, and Spends Rupees

Question 3

Multiple Choice

Mr. Rajan earns Rupees 1,20,000/-, a Year, and spends Rupees 24,000/-, on Him-Self. Suppose the Rate of Interest is 8% (expressed as 0.08) . Calculate the Human Life Value (H.L.V.) , in this Case.


A) Rupees 12 Lakhs.
B) Rupees 13 Lakhs.
C) Rupees 14 Lakhs.
D) Rupees 15 Lakhs.

Correct Answer:

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