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A machine costing Rs 2,000 has a useful life of 20 years. Its yearly depreciation by the simple method is what?

ARs 200
BRs 400
CRs 40
DRs 100
Answer & Solution
Correct answer: D. Rs 100
Depreciation is cost divided by useful life, so 2,000 divided by 20 gives Rs 100 a year.
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