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By this method we find useful life of assets`n'
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| Rate of depreciation = [1-nth root of s/c]*100 | ||||
| Where R = | ||||
| Rate of Depreciation (in %), | ||||
| n = Useful | 2100 | |||
| life of the asset (in years) | ||||
| s = Scrap | ||||
| value at the end of useful life of the asset | ||||
| c= Cost of |
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| the asset | ||||