Cost Rs 10 lakh, grant Rs 2 lakh netted, 10-year SLM. Yearly depreciation?
ARs 1,00,000
BRs 1,20,000
CRs 2,00,000
DRs 80,000
Answer & Solution
Correct answer: D. Rs 80,000
Net cost is 8,00,000 and dividing by 10 years gives 80,000 a year.
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