The original cost of an equipment is Rs.10,000/-. Its salvage value at the end of its total useful life of five years is Rs. 1,000/-. Its book value at the end of two years of its useful life (as per straight line method of evaluation of depreciation) will be________________?

Civil Engineering Mcqs

The original cost of an equipment is Rs.10,000/-. Its salvage value at the end of its total useful life of five years is Rs. 1,000/-. Its book value at the end of two years of its useful life (as per straight line method of evaluation of depreciation) will be________________?

(A)  Rs. 8,800/-

(B)  Rs. 7,600/-

(C)  Rs. 6,400/-

(D)  Rs. 5,000/-

Submitted By :Ali Uppal

---

Share this...

Facebook

Twitter

Linkedin

Whatsapp

---

IF YOU THINK THAT ABOVE POSTED MCQ IS WRONG.

PLEASE COMMENT BELOW WITH CORRECT ANSWER AND ITS DETAIL EXPLANATION.

---

Related Mcqs

• Previous:For a given activity, the optimistic time, pessimistic time and the most probable estimates are 5, 17 and 8 days respectively, The expected time is__________________?
• Next:A contractor has two options : Invest his money in project A or (II) : Invest his money in project B. If he decides to invest in A, for every rupee invested, he is assured of doubling his money in ten years. If he decides to invest in B, he is assured of making his money 1.5 times in 5 years. If the contractor values his money at 10% interest rate, he______________?

---

Leave a Reply

Your email address will not be published. Required fields are marked *