Depreciation applicable to equipment is 20%. The value of the equipment 3 years from now will be less by
(a)
45%
(b)
48.8%
(c)
51.2%
(d)
60%
Depreciation applicable to equipment is 20%. The value of the equipment 3 years from now will be less by
(a)
45%
(b)
48.8%
(c)
51.2%
(d)
60%
Question ID - 57500 | SaraNextGen Top Answer
Depreciation applicable to equipment is 20%. The value of the equipment 3 years from now will be less by
(a)
45%
(b)
48.8%
(c)
51.2%
(d)
60%
|
Depreciation applicable to equipment is 20%. The value of the equipment 3 years from now will be less by |
|
|||||||
|
(a) |
45% |
(b) |
48.8% |
(c) |
51.2% |
(d) |
60% |
|
1 Answer
127 votes
Answer Key / Explanation : (b) -
Let the present value be Rs. 100. Value of 3 yrs. = Rs.
= Rs. 51.20.
Reduction in value = 
127 votes
Answer Link
127