Question

The useful life of a machine is estimated to be 10 years and cost 10,000. Rate of depreciation
is 10% p.a. The scrap value at the end of its life is
(a) * 3,486.78 (b) * 4,383
(c) 3,400
(d) none of these​

Answer 1

Answer:

rate of depreciation =p(1-r/100)

10000(1-10/100)

= 9000

so it's value would be 10000-9000=1000

so the option (d) is correct

hope it helps you !

Answer 2

Step-by-step explanation:

amount of depreciation=10% of 10000=1000

amount of depreciation=(cost of asset - scrap value)/life of asset

let the scrap value be 'x'.

1000=(10000-x)/10

10000=10000-x

X=0

so d)none of these