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Cpt depreciation problem
Madhav limited purchased a building for Rs 900000. What depreciation should be charged on per annum basis if Re 1 invested for 5 years @ 5% accumulates to Rs 5.5256. Estimated scrap value = Rs 150000. A) 150000 B) 162878 C) 135732 pls also tell how to do it. ..
Replies (2)
solved 750000�5.5256
900000-150000= 750000
750000 divide by 5.5256 as it is the annuity factor is given of 5yrs...
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