MCQOPTIONS
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| 1. |
A reactor having a salvage value of Rs. 10000 is estimated to have a service life of 10 years. The annual interest rate is 10%. The original cost of the reactor was Rs. 80000. The book value of the reactor after 5 years using sinking fund depreciation method will be Rs. |
| A. | 40,096 |
| B. | 43,196 |
| C. | 53,196 |
| D. | 60,196 |
| Answer» E. | |