Question

    A machine was purchased on 1st April 2020 for

    ₹5,00,000. Useful life is 5 years with residual value ₹50,000. Depreciation is charged using written down value method @10%. What is the WDV of the asset as on 31st March 2023?
    A ₹2,30,000 Correct Answer Incorrect Answer
    B ₹3,64,500 Correct Answer Incorrect Answer
    C ₹40,500 Correct Answer Incorrect Answer
    D ₹2,70,000 Correct Answer Incorrect Answer

    Solution

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