Physics Mcqs

Submitted By: Ali Uppal

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  • Which of the following statements best describes the purpose of depreciation?
  • Which of the following is true with respect to providing depreciation under diminishing balance method?
  • A second hand car is purchased for 2,00,000 and sold at 1,40,000 after two years. If depreciation is charged @ 10% on written down value method, find the profit or loss on sale of the Second hand car?
  • A second hand car is purchased for 2,00,000 and sold at 1,40,000 after two years. If depreciation is charged @ 10% on SLM method, find the profit or loss on sale of the car?
  • Which of the following is not a method of charging depreciation?

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