Question

A maruti car is purchased for rs. 60,000/-. if the depreciation for the first three years is at 15% per annum and for the next two years is at 20% per annum, then calculate the depreciated value of the car at the end of five years

Answer 1

according to straight line method
no date mention
suppose
1/1/13 the value of machine 60000
31/12/13dep(60000*15/100) 9000
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w.d.v(1/1/14) 51000
31/12/14dep(same) 9000
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w. d. v(1/1/15) 42000
31/12/15dep(same) 9000
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w. d. v(1/1/16) 33000

calculation of depreciation according 20%
31/12/16dep(60000*20/100) 12000
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w. d. v(1/1/17) 21000
31/12/17dep(same) 12000
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w. d. v(1/1/18) 9000
total depreciation(9000+9000+9000+12000+12000)=51000