Question

A machine was purchased on 1-4-2010 for 14.400 and installation charges amounted to 1,600.
Expected lifetime is 8000 hours. During the year 2010-11, the machine worked for 2500 hours. The
depreciation for the year will be...... pls give ans with full solution ​

Answer 1

Answer:

price of product (P) = ₹14, 400

installation price (I) = ₹1, 600

total cost of product = P + I

= 14400 + 1600

= 16000

life span (T) = 8000hrs

therefore,

deprecation pre hour (D) =

$\frac{16000}{8000} = \: 2$

therefore,

depression for 2500 hours = D * 2500

= 2 * 2500

= 5,000

THUS THE DEPRESSION FOR YEAR 2010 - 11 IS ₹ 5000

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