Math, asked by Somilguha9918, 9 months ago

If a car is depreciated on written down value method, if the present value of the car is 6,00,000, What is its written down value after 4 years

Answers

Answered by PranitNagre

1

Step-by-step explanation:

Rate of Depreciation on Motor car is @ 15% annually as per Income Tax Act' 1961.

IT written down value after 4 years = 600000 x (1-0.15)4 = Rs.313203.75

thats the answer

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