Multiple choice

Directions: Choose the correct option for the given question.

A machinery is depreciating under Sum of the Year Digit Method. Depreciation of 3rd year was Rs.2,000/-. What was the original cost of machinery assuming that the estimated life of machinery was 4 years?

  1. Rs. 15,000

  2. Rs. 1,50,000

  3. Rs. 10

  4. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer

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