Mathematics · Depreciation Calculations
An IT asset was purchased on April 1, 2022, for 40,00,000 and depreciated using WDV method at 25% p.a. On March 31, 2024, the asset was revalued upwards by 20% of its then-carrying amount. Calculate the depreciation charge for FY 2024-25 on the revalued amount at the same WDV rate.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 19,00,000
- 25,62,500
- 36,75,000✓
- 47,50,000
Correct answer
6,75,000
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 Calculations MCQs →Want more practice questions on Depreciation Calculations?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Depreciation Calculations