An excavator costs Rs. 20,00,000/- and has an estimated life of 8 years. It has no salvage value at the end of 8 years. The book value of the excavator at the end of 3 years using general double declining balance method is__________________?

Civil Engineering Mcqs

An excavator costs Rs. 20,00,000/- and has an estimated life of 8 years. It has no salvage value at the end of 8 years. The book value of the excavator at the end of 3 years using general double declining balance method is__________________?

(A)  Rs. 8,43,750/-

(B)  Rs. 8,75,000/-

(C)  Rs. 10,50,000/-

(D)  Rs. 11,56,250/-

Submitted By :Ali Uppal

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