Machinery cost Rs.40, 000. Scrap value Rs.10, 000. Life 5 years. Rate of interes

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Machinery cost Rs.40, 000. Scrap value Rs.10, 000. Life 5 years. Rate of interest 5%. Reference to sinking fund table 0.180975. The depreciation per year will be

Options:

A . Rs.6,000

B . Rs.2,000

C . Rs.7,239

D . None of these

Answer: Option C

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