can anyone tell me how to solve this sum ? i am not getting the answer for that
1-(25000/763113 ) no years is 8 . anybody please help me to find its rate under W.D.V explain how to solve it ?
3 Replies
Krishna Teja
(Chartered Accountant)
(1007 Points)
Replied 20 December 2010
25000/763113=0.03276054
press sqrt 3 times in calculator to get 8th route so it will be 0.652257
so 1-.652257=.347742
as far as my knowedge is considered it is correct
sreenath
(Articled Assistant)
(219 Points)
Replied 21 December 2010
in Calculator the WDV calculation is Like This (1-.25)**first year Depreciation
Here 0.25 means % of Depreciation after Deducting from 1 you need to Press "* " twice it will Give the WDV Continuously for Any No. Of Years
Ex for 250000 asset Value 25% Dep
(1-.25)**62500=
mridul savio Pinto
(articled trainee )
(1477 Points)
Replied 21 December 2010
yes krishna ur ar right !!! , so in order to get the 10 th root what we should do ? scientific calculators are not allowed in cpt right ?
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