The depreciation value after two years of an asset costing Rs.10, 000 depreciate

Question

The depreciation value after two years of an asset costing Rs.10, 000 depreciated at 10% on fixed installment is Rs. ———— and on reducing balance method is ———–.

Options:

A . Rs.8, 100 and Rs.8, 000.

B . Rs.9, 000 and Rs.8, 000.

C . Rs.8, 000 and Rs.8, 100.

D . Rs.8, 000 and Rs.9, 000.

Answer: Option C

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