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A newspaper printing machine costs ₹ 4,80,000 and estimated scrap value of ₹ 25,000 at the end of its useful life of 10 years. What is its annual depreciation as per linear method?

a) ₹ 4,550

b) ₹ 45,500

c) ₹ 50,500

d) ₹ 61,500

1 Answer

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Best answer

Correct option is b) ₹ 45,500

\(D = \frac{C-S}n = \frac{48000-25000}{10} = 45500\)

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