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An asset costs Rs 2,50,000, scrap Rs 50,000, life 10 years. Straight line yearly depreciation?
ARs 25,000
BRs 5,000
CRs 30,000
DRs 20,000
Answer & Solution
Correct answer: D. Rs 20,000
(2,50,000 minus 50,000) divided by 10 years gives Rs 20,000 a year.
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