Question

The cost of a machine is Rs 250000 it depreciates at the rate of 4%per annum find the cost of the machine after three years

Answer 1

Answer:

machine cost rs 250000

depreciation 4%per annum is rs 10000

after 3 year 10000×3= rs 30000 depreciation

actual cost of machine 250000- 30000depri

cost of machine after 3 years =220000