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Mining Engineering · Q19

Mine Economics

Engineering and GATE · Mining Engineering · question 19

Q19

A mining equipment has a life of 5 years with no salvage value. Assuming that the depreciation of the equipment is calculated by the straight line method, the average annual value of the equipment percentage of its original value is

A.
20
Answer
B.
40
C.
50
D.
60

Answer: Option A

Solution

Answer: Option A
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