A machine for which the useful life is estimated to be 5 years, Cost ₹ 5,000 and Rate of depreciation is 10% p.a. The scrap value at the end of its…

CA Foundation · Quantitative Aptitude · RTP · September 2025
A machine for which the useful life is estimated to be 5 years, Cost ₹ 5,000 and Rate of depreciation is 10% p.a. The scrap value at the end of its life is
(A) A. ₹ 2,952.45
(B) B. ₹ 2,500
(C) C. ₹ 3,000
(D) D. ₹ 2,559.50

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. ₹ 2,952.45

Topics: Part-A: Business Mathematics

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