Question discussion

A machine costing ₹50,000 is depreciated at 10% per annum by the Written Down Value method. What is its book value at the end of 2 years?

Correct answer: B

Explanation

Year 1 depreciation = ₹5,000 (value ₹45,000); year 2 depreciation = ₹4,500, so the book value is ₹40,500.

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