Question

The life of the machine is 10 years and its cost price is Rs.10,000/-. If the depreciation rate is 10% pa, what will be the price of the machine after 10 years ?
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Answer 1

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Depreciation on SLM Basis = 10,000 x 10/100

= RS-1,000.

Depreciation On WDV basis :-

1st year (2005-06)

= 10,000 x 10/100

= RS-1,000.

2nd year (2006-07)

= (10,000 - 1,000) 9,000 x 10/100

= RS-9,00.

Difference in depreciation = Depreciation in SLM - Depreciation in WDV

= 1,000 - 9,00

= RS-100.

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Answer 2

Step-by-step explanation:

c.p= 10,000

depreciation rate=10%

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