Question

a computer is purchased for rs 50,000 it is estimated to depreciate at 10% per annum every year find its scrap value at the end of 12 year ​

Answer 1

Answer:the machine's scrap value will be 10,000

Explanation: amount of depreciation= (Cost of machine - scrap value)  

                                                                          no of useful years

5000= (50000-salvage value)/12

60000-50000= scrap value

10000 = scrap value

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