Question

The value of equipment is Rs.1 crore. If depreciation is calculated at 10% annually using the written-down value method, what will be the value after 3 years?

• A. Rs.72.9 lakh
• B. Rs.70 lakh
• C. Rs.65.7 lakh
• D. Rs.75.6 lakh

Answer 1

Answer: (A)

Rs.72.9 lakh

Answer 2

The correct option is (A): Rs.72.9 lakh