A company purchased a machine for ₹2,00,000, installation ₹10,000, scrap value ₹10,000, life 10 years. Depreciation under SLM is:
A. ₹18,000
B. ₹21,000
C. ₹19,000
D. ₹20,000
Answer: Option D
Solution (By JKSSB Mock Tests)
Cost = 2,00,000 + 10,000 = 2,10,000. Depreciable amount = 2,10,000 - 10,000 = 2,00,000. Annual depreciation = 2,00,000 / 10 = ₹20,000.
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