04. From the Following particulars relating to two mutually exclusive proposals as given herunder 20 Find Out 1) Pay Back Period 2) Net Present Value at 10% Discount 3) Average Rate of Return Profitability Index at 10 % M/CX M/CY 1.10,000 Particulars Original Cost Salvage Value Useful Life 1,60,000 10,000 10,000 05 Yrs 06 Yrs Income 1st yr 25,000 42,500 37,500 2nd yr 3rd or 35,000 40,000 50,000 4th yr 37,500 32,500 37,500 5th yr 40,000 6th yr 32,500