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Question

XYZ Ltd. uses Written Down Value (WDV) 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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