CBSE Class 11-commerce Answered
Book
value of a machine is Rs. 5,83,200 as on 31March,
2016. The machine was purchased on 1st April, 2013. Depreciation
is charged @ 10% written down value method. What is the original cost of machine.
Asked by Topperlearning User | 04 Aug, 2016, 01:26: PM
Expert Answer
Let the cost of machine on 1st April, 2013 |
100 |
Depreciation for 1st year (2013-14) |
10 |
Written Down Value |
90 |
Depreciation for 2nd year (2014-15) |
9 |
Written Down Value |
81 |
Depreciation for 3rd year (2015-16) |
8.1 |
Written Down Value |
72.9 |
When, WDV is Rs.72.9 then cost |
= Rs.100 |
When, WDV is Rs. 5,83,200 then cost |
= 5,83,200*100/72.9 |
|
=Rs.8,00,000. |
Answered by | 04 Aug, 2016, 03:26: PM
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Asked by Topperlearning User | 04 Aug, 2016, 01:26: PM
ANSWERED BY EXPERT
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ANSWERED BY EXPERT