Q45
A reactor having a salvage value of Rs. 10000 is estimated to have a service life of 10 years. The annual interest rate is 10%. The original cost of the reactor was Rs. 80000. The book value of the reactor after 5 years using sinking fund depreciation method will be Rs.
A.
40096
B.
43196
C.
53196
D.
60196
AnswerAnswer: Option D
Solution
Answer: Option D
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