Civil Engineering - UPSC Civil Service Exam Questions - Discussion


An equipment is purchased for Rs. 40, 000.00 and is fully depreciated by straight line method over 8 years. Considering interest on average annual cost at 15% p.a., the charge on the Company due to use of this equipment, if made uniformly over the 8 years, is

[A]. Rs. 5, 750
[B]. Rs. 8, 000
[C]. Rs. 8, 375
[D]. Rs. 14, 000

Answer: Option C


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Akky said: (May 3, 2020)  
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