Mr. Rajan earns Rupees 1,20,000/-, a Year, and spends Rupees 24,000/-, – McqOptions

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1.	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.
Answer» B. Rupees 13 Lakhs.

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