Question

On 1-4-10 machine purchased for Rs.1,00,000 and 1st October another machine purchased for Rs.50,000.Depreciation on the machinery is charged by SLM @ 10%. What is the amount that should be shown in the books atthe end of 31st March 2012.a) 1,33,500
b) 1,22,500c) 1,42,500
d) 1,10,500

Answer 1

B) 122500 is correct