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Mining Engineering · Q9

Mine Economics

Engineering and GATE · Mining Engineering · question 9

Q9

An equipment cost Rs. 8,00,000 today and has a service life of 15 years. The salvage value at the end of 15 years is Rs. 2,00,000. What will be the value at the end of 10 years?

A.
4,00,000
Answer
B.
6,60,000
C.
4,50,000
D.
5,00,000

Answer: Option A

Solution

Answer: Option A
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