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Q. |
An excavator costs Rs. 20,00,000 and has an estimated life of 8 years. It has no salvage value at the end of 8 years. The book value of the excavator at the end of 3 years using general double declining balance method is |
A. | Rs. 8,43,750 |
B. | Rs. 8,75,000 |
C. | Rs. 10,50,000 |
D. | Rs. 11,56,250 |
Answer» A. Rs. 8,43,750 |
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