Find: #160; Rate Of #160; Depreciation #160;when, depreciation #160;amount is Rs.20000 #160;Acquisition cost Rs.25000015

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Cash Flow from Operating Activities-Indirect Method

Find:- #160...

Question

A

10%

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

15%

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

6%

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

8%

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D 8%
Rate of Depreciation = [Annual Depreciation / Acquisition cost] x 100
= [ 20000/250000] x 100
= 8 %.

Suggest Corrections

thumbs-up

0

Similar questions

Q. ______________ is the amount of the acquisition cost to be allocated as depreciation over the total useful life of an asset.

Q. The original cost of the asset is Rs. 6,00,000 and depreciation is charged @ 10% p.a. at written down value, then the amount of depreciation in 3rd year will be :

Q. Original cost =Rs.

12, 00, 000

. Salvage value =Rs.

2, 00, 000

= 10

years. Annual depreciation = ? and rate of depreciation = ?

Q. Question : Basaria Confectioner bought a cold storage plant on July 1, 2003 for Rs

1, 00, 000

.
Compare the amount of depreciation charged for first three years using
1. Rate of depreciation @

10 %

on original cost basis.
2. Rate of depreciation @

10 %

on written down value basis.
3. Also, plot the computed amount of depreciation on a graph.

Complete the formula by filling the correct option in the numerator:

Rate of depreciation = ____________________________ * 100
Acquisition cost

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Indirect Method

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Cash Flow from Operating Activities-Indirect Method

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon