CA CPT Model Test Paper 4 with solutions for online practice

Brijlal purchased a machine on 1.1.2010 for Rs. 2,40,000. Installation expenses were Rs. 20,000. Residual value is estimated to be Rs. 5,000. On 1.1.2010, expenses for repair were increased to the extent of Rs. 5,000. Depreciation is provided under straight line method. Depreciation rate is 10%. Annual Depreciation will be