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Question

The book value of asset as on 01st April 2017 is Rs. 45000. The asset is sold on 30th September 2017. What will be the amount of depreciation to be charged for the year 2017-18, if company depreciates asset @12% p.a.



Your Answer
A

4500

Correct Answer
B

2700

Your Answer
C

3200

Your Answer
D

5400


Solution

The correct option is B

2700


Depreciation = 2700 (45000× 12100× 612 )

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