Question No 4: Investment Decisions IQRA University is currently using a specific type of carpet for its Library and Auditorium Hall, which has cost of Rs. 2200 per square meter along with annual maintenance of Rs. 200 per square meter and it is replaceable in 3 years, Alternative is being considered which has 5 years of life & Annual maintenance of Rs. 150/year per square meter. What should be the maximum price to consider the alternative over current type of carpet? OR A newly started Organization is considering to buy 100 printers for their office work. For this purpose they asked for quotations. Following two alternative quotations were received by them. Quotations were included not only printer cost but also maintenance cost provided by seller.