The initial cost of a bicycle is Rs. 50,000 and the rate of compound depreciation is 10% p.a. diminishing balance, then scrap value at the end of…
Class 12 Business Mathematics · 2082 · Solved Question with Answer
The initial cost of a bicycle is Rs. 50,000 and the rate of compound depreciation is 10% p.a. diminishing balance, then scrap value at the end of third year is
A) Rs. 36,200 B) Rs. 36,360 C) Rs. 36,400 D) Rs. 36,450