Mathematics · Depreciation
A bank purchased a central server for its Core Banking System on October 1, 2023, at a cost of ₹1,20,00,000. The estimated useful life of the server is 4 years, and the bank expects a salvage value of ₹20,00,000 at the end of its life. The bank follows the Straight Line Method (SLM) for depreciation. Calculate the written down value (WDV) of the server as of March 31, 2025 (Assuming the financial year ends on March 31).
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1₹90,00,000
- 2₹85,00,000
- 3₹75,00,000
- 4₹82,50,000✓
Correct answer
₹82,50,000
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Depreciation MCQs →Want more practice questions on Depreciation?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Depreciation