Numerical - Calculate annual depreciation charges by straight line method

Q.  A person purchases a lathe for Rs. 8000 the freight and haulage cost Rs 150 and the charges for installation it is Rs 200. Its life is 20 years and the scrap value is Rs 250. Then the annual depreciation charges by straight line method is
- Published on 06 Oct 15

a. Rs 405
b. Rs 452.6
c. Rs 438.9
d. Rs 523.8

ANSWER: Rs 405

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