Plant-Economics Mcqs for Chemical

Q.  Pick out the wrong statement ?

a. The annual depreciation rate for machinery and equipments in a chemical process plant is about 10% of the fixed capital investment
b. Annual depreciation rate of buildings in a chemical plant is about 3% of its initial cost
c. Insurance rates on annual basis in a chemical plant may be about 1% of the fixed capital investment
d. In a chemical industry, research and development cost amounts to about 15% of net sales realisation (NSR)


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