Lease for 5 year Rs.10, 000. Rate of interest 5% Reference to annuity table 0.23

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Lease for 5 year Rs.10, 000. Rate of interest 5% Reference to annuity table 0.230975. The depreciation per year is

Options:

A . Rs.1,000

B . Rs.115.48

C . Rs.230.97

D . Rs.2,309.75

Answer: Option D

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