Practicing Success
An average useful life of a truck is 10 years, with final scrap value of Rs. 50,000. If the annual depreciation of the truck is Rs. 1,25,000, then the original cost of the truck is: |
Rs. 75,000 Rs. 1,75,000 Rs. 6,25,000 Rs. 13,00,000 |
Rs. 13,00,000 |
The correct answer is Option (4) → Rs. 13,00,000 |