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+//Exa 8
+clc;
+clear;
+close;
+//given data for machine A :
+OrgCost=56125;//in Rs.
+//Additional Investment In working capital
+AddInv=5000;//in Rs.
+//Estimated Life
+life=5;//inyears
+//Estimated Salvage value
+Salvage=3000;//in Rs.
+//Average Income Tax Rate
+Trate=60;//in %
+//Average estimated income before tax and Depreciation
+I1=13375;//in Rs.
+I2=15375;//in Rs.
+I3=17375;//in Rs.
+I4=19375;//in Rs.
+I5=21375;//in Rs.
+//Total Income
+I=I1+I2+I3+I4+I5;//in Rs.
+//average income before tax and depreciation
+AvgI=I/5;//in RS.
+//Depreciation by straight line
+D=(OrgCost-Salvage)/5;//in Rs
+//Average Income after Depreciation
+AvgID=AvgI-D;//in Rs.
+//Tax by 60 %
+Tax=(AvgID*60)/100;//in Rs
+//Income after tax and depreciation
+AvgITD=AvgID-Tax;//in Rs
+//Average Rate of Return
+ARR=(AvgITD/((OrgCost+Salvage)/2+AddInv))*100;//in Rs
+disp(ARR,"Average Rate of Return of machine A in % : ")
+
+//given data for machine B :
+OrgCost=56125;//in Rs.
+//Additional Investment In working capital
+AddInv=6000;//in Rs.
+//Estimated Life
+life=5;//inyears
+//Estimated Salvage value
+Salvage=3000;//in Rs.
+//Average Income Tax Rate
+Trate=60;//in %
+//Average estimated income before tax and Depreciation
+I1=21375;//in Rs.
+I2=19375;//in Rs.
+I3=17375;//in Rs.
+I4=15375;//in Rs.
+I5=13375;//in Rs.
+//Total Income
+I=I1+I2+I3+I4+I5;//in Rs.
+//average income before tax and depreciation
+AvgI=I/5;//in RS.
+//Depreciation by straight line
+D=(OrgCost-Salvage)/5;//in Rs
+//Average Income after Depreciation
+AvgID=AvgI-D;//in Rs.
+//Tax by 60 %
+Tax=(AvgID*60)/100;//in Rs
+//Income after tax and depreciation
+AvgITD=AvgID-Tax;//in Rs
+//Average Rate of Return
+ARR=(AvgITD/((OrgCost+Salvage)/2+AddInv))*100;//in Rs
+disp(ARR,"Average Rate of Return of machine B in % : ") \ No newline at end of file