Cost Rs 8,00,000, residual Rs 50,000, life 5 years. SLM annual depreciation?
ARs 1,60,000
BRs 1,25,000
CRs 1,50,000
DRs 1,00,000
Answer & Solution
Correct answer: C. Rs 1,50,000
Straight-line charge is (8,00,000 minus 50,000) divided by 5, which is 1,50,000.
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