The cost of the asset is Rs. 60,000 and depreciated at 12% p.a. using the written down method. At the end of three years, it will have a net book value of ______

Rs. 40,888

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Rs. 43,888

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Rs. 45,332

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Rs. 40,000

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Solution

The correct option is A
Rs. 40,888

Year Value Depreciation WDV

1 60,000 7,200 52,800

2 52,800 6,336 46,464

3 46,464 5,576 40,888

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Year	Value	Depreciation	WDV
1	60,000	7,200	52,800
2	52,800	6,336	46,464
3	46,464	5,576	40,888

The cost of the asset is Rs. 60,000 and depreciated at 12% p.a. using the written down method. At the end of three years, it will have a net book value of ______

The correct option is A Rs. 40,888 Year Value Depreciation WDV 1 60,000 7,200 52,800 2 52,800 6,336 46,464 3 46,464 5,576 40,888

The correct option is A
Rs. 40,888

Year Value Depreciation WDV

1 60,000 7,200 52,800

2 52,800 6,336 46,464

3 46,464 5,576 40,888