MCQ 11 Mark
The value of a machine depreciates every year at a constant rate. If the values of the machine in 2006 and 2008 are ₹25,000 and ₹19,360 respectively, then the annual rate of depreciation is:
- A8%
- B10%
- ✓12%
- D14%
Answer
View full question & answer→Correct option: C.
12%
C