Chemical Engineering - Chemical Engineering Basics - Discussion

Discussion Forum : Chemical Engineering Basics - Section 11 (Q.No. 42)
42.
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.
6.7
7.6
10.3
15.2
Answer: Option
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