Question

A machine costing 20, 00,000 has a working life of 50,000 hrs. It was used for 10,000., 15,000 and 18,000 hrs. During the years of 2008, 2009 and 2010 respectively. Calculate the depreciation for three years.

Answer 1

2000000÷50000=40

50000-43000=7000

Depreciation = 7000×40 =280000