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Rs 9,60,000 plant, no residual, 8-year life, SLM. Book value after 3 years?

ARs 7,20,000
BRs 5,60,000
CRs 6,40,000
DRs 6,00,000
Answer & Solution
Correct answer: D. Rs 6,00,000
Annual charge is 1,20,000, so three years remove 3,60,000 and leave 6,00,000.
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