A LED TV costs and is expected to have a life of 8 years. Its final scrap value is . The annual depreciation according to the linear method of depreciation is:
- A
- B
- C
- D
Solution & Step-by-step Explanation
In the linear method (straight-line method), annual depreciation is:
Where: $
₹ 2500$.
Where: $
₹ 2500$.