An asset costs Rs 90,000 with Rs 10,000 book value at end of life. Average investment is
ARs 90,000
BRs 80,000
CRs 40,000
DRs 50,000
Answer & Solution
Correct answer: D. Rs 50,000
Average of opening and closing book values is (90,000 + 10,000) / 2 = Rs 50,000.
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