Question:
The value of equipment is Rs.1 crore. If depreciation is calculated at 10% annually using the written-down value method, what will be the value after 3 years?
The value of equipment is Rs.1 crore. If depreciation is calculated at 10% annually using the written-down value method, what will be the value after 3 years?
Updated On: Oct 15, 2024
- Rs.72.9 lakh
- Rs.70 lakh
- Rs.65.7 lakh
- Rs.75.6 lakh
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The Correct Option is A
Solution and Explanation
The correct option is (A): Rs.72.9 lakh
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