administrators Reply Quote

Answer : 2 Rs. 1,44,000 Explanation : Answer: B) Rs. 1,44,000 Explanation: Value of Maruti Van, V1 = Rs. 1,96,000Rate of depreciation, r = 14(2/7)% = 100/7%; Time, t = 2 yearsLet V2 is the value after depreciation.V2 = V11 - r100tV2 = 196001 - 10071002V2 = 196000(6/7)(6/7)V2 = (196000x36)/49 = Rs. 1,44,000.

Click here to see the full blog post