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?Solution
Year 1: ₹10,00,000 – 20% = ₹8,00,000 Year 2: ₹8,00,000 – 20% = ₹6,40,000
More Depreciation Questions
Find the wrong number in the given number series.
32, 61, 92, 129, 170, 211
17, 33, 69, 133, 233, 370
7, 16, 33, 74, 153, 312
16, 16, 32, 128, 1024, 16384
Find the wrong number in the given number series.
1728, 121, 1000, 729, 512, 49
Find the wrong number in the given number series.
88, 110, 148, 198, 275, 396
2, 12, 36, 80, 150, 252
128, 350, 609, 898, 1222, 1583
- In the given number series, find the wrong number.
120, 60, 30, 15, 7.5, 3.25, 1.875 232, 269, 300, 331, 352, 371
