the value of machinery costing Rs. 20, 000 when depreciated @10%p.a on written down value at the end of the third year, will be (1)Rs. 14, 580 (2)Rs. 1, 458 (3)Rs. 16, 200 (4)Rs.1, 620
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Answer:
Option no 1.
Explanation:
[20000-10%]=18000
This was for the first year
[18000-10%]=16200
This was for the second year
[16200-10%]=14580
.°.The depreciated value of the machinery for the third year is
RS 14580
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