Cpt june 2014 question.help!!
Mahmooda Zain (student) (48 Points)
05 May 2015Mahmooda Zain (student) (48 Points)
05 May 2015
SHUBHAM GARG
(Student CA Final)
(122 Points)
Replied 05 May 2015
Hello Mahmooda Zain,
Use this formulae
Rate = 1 – 4th root of(WDV/original cost)
= 1 - 4th root of(24%*original cost/original cost)
= 1 - 4th root of .24
= 1 - .699
= .30 = 30%