CA CPT Model Test Paper 8 with solutions for online practice

Rohit purchased a machine on 1.1.2010 for Rs. 1,20,000 installation expenses were Rs. 10,000. Residual value after 5 years Rs. 5,000. On 01.02.2010 expenses for repair were incurred to the extent of Rs. 2,000. Depreciation is provided under straight line method. Annual depreciation is