An asset costing Rs 50,000 is depreciated at 10% on the written down value. Depreciation in year 2 is?
ARs 5,500
BRs 5,000
CRs 4,000
DRs 4,500
Answer & Solution
Correct answer: D. Rs 4,500
Year 1 charge is 5,000, leaving 45,000, and 10% of 45,000 is 4,500 in year 2.
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