Question

An asset was purchased for Rs 10,000 on which depreciation was provided @ 5% SLM method. The WDV of the asset at the end of two years is _________.

• A. Rs 7,500
• B. Rs 8,000
• C. Rs 8,500
• D. Rs 9,000

Answer 1

The correct option is D Rs 9,000

Option D is the correct one.

10000-500(5%*10000)=9500

9500-500=9000.