Practicing Success
A car costing ₹8,00,000 has scrap value of ₹3,00,000. If the book value of car at the end of fourth year is ₹6,00,000, then the useful life of the car is: |
6 years 12 years 10 years 8 years |
10 years |
The correct answer is Option (3) - 10 years |