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
B ₹3,64,500
C ₹40,500
D ₹2,70,000
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