A T.V. panel costing Rs 18000 has a useful life of 12 years. If the annual depreciation is Rs 1000, then its scrap value by linear method is:

Rs. 6000

The correct answer is Option (2) → Rs. 6000

Given:

Cost of TV panel: ₹18,000

Useful life: 12 years

Annual depreciation: ₹1,000

Linear depreciation formula: $C - (\text{Depreciation} \times \text{years}) = \text{Scrap value}$

Substitute values: $18,000 - (1,000 \cdot 12) = 18,000 - 12,000 = 6,000$