Cost Benefit Ratio
Cost benefit ratio, abbreviated as BCR, is the costs and benefits of a project to determine its viability.
Cost Benefit Ratio Formula |
\(\large{ CBR = \frac{ C }{ B } }\) |
Symbol |
\(\large{ CBR }\) = cost benefit ratio |
\(\large{ B }\) = benefits |
\(\large{ C }\) = costs |