MCQOPTIONS
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| 1. |
If the original cost of a building is Rs. 25,00,000/- and its scrap value after 55 years is Rs.25,000/-, then its annual depreciation (in Rs.) using straight line method is |
| A. | 25,000 |
| B. | 35,000 |
| C. | 45,000 |
| D. | 55,000 |
| Answer» D. 55,000 | |