Mathematics · Financial Mathematics
A bank purchased a specialized digital printer for 2,00,000 rupees on 1st April 2023. The bank provides depreciation at 20% per annum on the Written Down Value (WDV) basis. Calculate the depreciation for the second financial year (2024-25) and the book value of the printer as of 31st March 2025.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Depreciation: 32,000 rupees; Book Value: 1,68,000 rupees
- 2Depreciation: 40,000 rupees; Book Value: 1,60,000 rupees
- 3Depreciation: 32,000 rupees; Book Value: 1,28,000 rupees✓
- 4Depreciation: 40,000 rupees; Book Value: 1,20,000 rupees
Correct answer
Depreciation: 32,000 rupees; Book Value: 1,28,000 rupees
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