New Enroll in RBI Grade B New Batch - Starts on May 21

Question

An asset is purchased for Rs.50,000 on which

depreciation is provided annually according to the straight-line method, the useful life is 10 years and the scrap value is 10,000. The rate of depreciation is:

A 18%

B 8%

C 12%

D 10%

Practice Next

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