Accountancy, asked by Harleen7981, 8 months ago

A machine is purchased for Rs 80,000 and its estimated scrap value after 3 years is Rs 8,000. Depreciation on machinery is charged on Written Down Method. Find out the per cent rate (%) of depreciation per annum.

Answers

Answered by Deepika2266

3

cost of assets - scrap value / estimate life of asset

80000 - 8000/3=

72000/3= 24000

rate = deprecation × 100 / cost of assets

24000×100/80000=30%

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