The annual depreciation of a car is Rs 30,000. If the scrap value of the car after 15 years is Rs 50,000 then the original cost (in Rs.) of the car is :

5,00,000

The correct answer is Option (2) → 5,00,000

The Depreciation formula for straight line depreciation is,

Original Cost = Scrap Value + (Annual Depreciation × Time)

$=50,000+(30,000×15)$

$=5,00,000$