Cost of asset $R s .2, 50, 000$
Estimated net residential value $R s .50, 000$
Estimated life of asset $10$ yrs
Amount of Depreciation is ____________.

R s .10, 000

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R s .15, 000

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R s .20, 000

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R s .18, 500

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Solution

The correct option is D $R s .20, 000$
Depreciation = [Cost - Scrap] / Life of asset
= [2,50,000 - 50,000] / 10
= 20,000 per year

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Cost of asset Rs.2,50,000Estimated net residential value Rs.50,000Estimated life of asset 10yrsAmount of Depreciation is ____________.

The correct option is D Rs.20,000Depreciation = [Cost - Scrap] / Life of asset = [2,50,000 - 50,000] / 10 = 20,000 per year

Cost of asset $R s .2, 50, 000$
Estimated net residential value $R s .50, 000$
Estimated life of asset $10$ yrs
Amount of Depreciation is ____________.

The correct option is D $R s .20, 000$
Depreciation = [Cost - Scrap] / Life of asset
= [2,50,000 - 50,000] / 10
= 20,000 per year