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Calculate the annual depreciation of a property, whose original cost is Rs. 30,00,000. Consider its scrape value as Rs. 3,00,000 after 30 years. Use t
Question

Calculate the annual depreciation of a property, whose original cost is Rs. 30,00,000. Consider its scrape value as Rs. 3,00,000 after 30 years. Use the straight-line method.

A.

Rs. 90,000

B.

Rs. 87,000

C.

Rs. 82,000

D.

Rs. 93,000

Correct option is A

Given,

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