Question

Solve :
Sahil purchased a generator
for 12,500 and its value is
depreciating at 20% per year
Find its value after 3 years​

Answer 1

Step-by-step explanation:

Calculation of the value of asset at the end of three years under written down value method:

Cost of the asset Rs. 12500

Less : Depreciation @ 20% Rs . (2500)

Written down value at the end of first year Rs. 10000

Less : Depreciation @ 20% Rs (2000)

Written down value at the end of second year Rs. 8000

Less : Depreciation @ 20% Rs. (1600)

Written down value at the end of third year Rs. 6400