A machine depreciates at the rate of 6% per annum, the depreciation being worked
out on the value of the machine at the beginning of the year. If the machine was
purchased for Rs. 10,000, then find its value after seven years.
Answers
Answered by
0
Cost of the machine = 10,000 ,
Rate of Depreciation = 6% ,
Life in years = 7 .
Scrap value = cost - scrap value / life in Years
Rate of Depreciation = 6% ,
Life in years = 7 .
Scrap value = cost - scrap value / life in Years
Similar questions