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 machine costs Rs. 16, 000. By constant rate of declining balance met

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.	0.30
C.	0.40
D.	0.50
Answer» E.