Question: A machine having assumed life of 20 years is purchased for Rs 32000/-. Its scrap value at the end of its life is Rs 8000/-. If the depreciation is calculated by diminishing balance method, then percentage reduction in its value at the end of first year is __________ percent.
[A].6.7
7.6
10.3
15.2
[A].
[B].
[C].
[D].
Answer: Option A
Explanation:
No answer description available for this question.