engineering recuitment Maharashtra WCD Water Conservation Officer Mock Test 2024 Estimating, Cost and Valuation Valuation
The initial cost of piece of construction equipment is Rs. 7500000. The estimated scrap value of the equipment at the end of useful life of 20 years is Rs. 700000. The Book value of the equipment at the end of 5 years by Straight line method is?
1
Rs. 340000
2
Rs. 5800000
3
Rs. 3400000
4
Rs. 580000