An asset cost Rs. 3,30,000/- has residual value of Rs. 30,000/-, and is expected to last 4 years. Ca

An asset cost Rs. 3,30,000/- has residual value of Rs. 30,000/-, and is expected to last 4 years. Calculate the depreciation for 2nd year using double declining Method. a. Rs. 72,500/- b. Rs. 72,250/- c. Rs. 82,250/- d. Rs. 82,500/-

 

%of double declined depreciation is 200/no of years.Now calculate further like wdv method

 

As per straight line method yearly depreciation will be rs. (330000-30000)/4 I.es 75000/year or 25% each yearWhile we calculate double decline methodWe have to depreciate double of 25% I.es.50% each year1st year 330000*50%=165000165000*50%=8250082500*50%=41250 and so on...Hence answer for 2nd year is 82500/-

 

if it is expected as afive years then wht percent u take