Question

A Ltd. purchased machinery on 1st April, 2013 for Rs. 50000 whose life was expected to be 10 years. Its estimated scrap value at the end of 10 years was Rs. 5000. Find the amount of depreciation to be charged to Profit & Loss Account every year. Also calculate the rate on​

Answer 1

Answer:

Depreciation Chg. 4500

Explanation:

purchase - 50000

less scrap- 5000

45000/10 years =4500

depreciation rate is 10%

Answer 2

Answer:

Depreciation: (50.000-5.000)/10 años= 4.500 by year

Explanation:

depreciation rate is  4.500/50.000= 9%