Question

Sanjay sharma purchase an office equipment for Rs 107000 on 1st April 2011 and spent Rs 3000 on its freight. The life of the equipment is estimated as 20 years, when it will be sold for Rs 10,000.

Answer 1

Answer:

107000+3000/20=5500

R=5500*100/110000=5%rate -ans.

Explanation:

107000+3000=110000