MCQOPTIONS
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| 1. |
A machine costs Rs. 16, 000. By constant rate of declining balance method of depreciation, its salvage value after an expected life of 3 years is Rs. 2, 000. The rate of depreciation is |
| A. | 0.25 |
| B. | 0.3 |
| C. | 0.4 |
| D. | 0.5 |
| Answer» E. | |