Direction: Cost of a new building is Rs 10,00,000 and its scrap value after 50 years is Rs. 1,00,000. Using straight line method
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The annual depreciation of the building in Rs. would be
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- 10,000
- 15,000
- 18,000
- 20,000
Correct Option: C
In 50 years, value of the building decreases by 900000.
In one year, depreciation would be | = 18000 | |
50 |