An excavator costs Rs. 20,00,000 and has an estimated life of 8 years. It has no salvage value at the
end of 8 years. The book value of the excavator at the end of 3 years using general double
declining balance method is
(A) Rs. 8,43,750
(B) Rs. 8,75,000
(C) Rs. 10,50,000
(D) Rs. 11,56,250
end of 8 years. The book value of the excavator at the end of 3 years using general double
declining balance method is
(A) Rs. 8,43,750
(B) Rs. 8,75,000
(C) Rs. 10,50,000
(D) Rs. 11,56,250