Theoretical Framework
Quick practice
Question 1 of 5
A ltd. purchased a vehicle 4 years ago and was charging depreciation at 15% p.a by written down value method. The book value of that vehicle is Rs. 104401.25 From the 5th year, it changed the method of depreciation to 10% SLM. The amount of depreciation for the 5th year will be?
A
15,890
B
30,000
C
20,000
D
25,500
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