10% depreciation on furriture ₹50,000
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Solution
10 % p.a. Depreciation on Furniture ₹ 50,000 (for three months)
Depreciation = Cost of Asset × Rate × Period
=50,000 × (10/100) × (3/12)
= ₹ 1250 Depreciation for 3 months
Thus, Depreciation on furniture @10% on ₹ 50,000 for 3 months = ₹ 1250.
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Answer:
₹ 1250
Explanation:
Thus depreciation on furriture @ 10% on₹ 50,000 for 3 moths =1250
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