cost of a plant rs 200000, scrap value 20% of original cost and life of the plant 10 years , what will be the rate of depreciation?
options- a) 6% b) 8% c) 10% d)16%
please help it's quite urgent
Answers
Answered by
1
Answer:
the right answer is c 10%
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0
Explanation:
depreciation
= cost of plant minus scrap value / life of the plant
= 2,00000-(2,00000*20%)/10
=16,000
Rate of depreciation
= 16000/200000×100
= 8%
so,
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