Consider the following statement
Net Investment = Rs. 5 Cr.
Gross Investment = Rs 7.73 Cr.
Find the value of Depreciation
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → Rs 2.73 Cr
Gross Investment=Net Investment+Depreciation
Given:
-
Gross Investment = ₹7.73 Cr
-
Net Investment = ₹5 Cr
7.73 = 5+Depreciation
Depreciation=7.73−5 = 2.73