As asset costing ₹1,50,000 has a final - CUETMOCK

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Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

As asset costing ₹1,50,000 has a final scrap value of ₹35,000. If annual depreciation charge is ₹23,000, then useful Life of the asset is :

Options:

10 years

6 years

5 years

8 years

Correct Answer:

5 years

CUET Questions