CA CPT Model Test Paper 2 with solutions for online practice

Question : 45 of 200

Marks: +1, -0

Machinery costing Rs. 500000 was purchased on 1.4.2008. The installation charges amountingRs. 20000 were incurred. The depreciation at 10% per annum on straight line method forthe year ended 31st March, 2010 will be