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Calculate Depreciation :...

Calculate Depreciation :

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The correct Answer is:
Depreciation = ₹ 4, 950 Crores
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A boiler was purchased from abroad for Rs 10,000. Shipping and forwarding charges Rs 2,000, Import duty Rs 7,000 and expenses of installation amounted to Rs 1,000. Calculate the Depreciation for the first three years (separately for each year) "@ "10% p.a. On Diminishing Balance Method.

Depreciation is equal to :