Question

XYZ Ltd. uses Written Down Value (WD

  • V method for depreciation. It acquires a machine for ₹10 lakhs, has a salvage value of ₹1 lakh and charges 20% depreciation. What is the value of the machine after 2 years?
A ₹6.4 lakhs
B ₹8 lakhs
C ₹7.29 lakhs
D ₹6.25 lakhs
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