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Q. |
The initial cost of an equipment is Rs. 20 lakhs and depreciated cost after ten years is Rs. 15 lakhs. The useful life of the equipment is |
A. | 5 years |
B. | 15 years |
C. | 20 years |
D. | Cannot be determined on the basis of the information provided |
E. | 10 years |
Answer» D. Cannot be determined on the basis of the information provided |
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