CUET Preparation Today
A vehicle costing Rs 900000 has a scrap value of Rs 270000. If annual depreciation charge is Rs 70000, find its useful life in years. |
7 years 12 years 8 years 9 years |
9 years |
The correct answer is option (4) : 9 years $70000=\frac{900000-270000}{n}$ $=n=\frac{630000}{70000}$ $= 9 \, years $ |
