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An asset was purchased 1 0 years ago for Rs . 5 , 0 0 , 0 0 0 . it is depreciated according to

An asset was purchased

10

years ago for Rs

. 5, 00, 000 .

it is depreciated according to DDB

(

Double Decllining Balance

)

method for an estimated life of

20

years and a salvage value of Rs

. 50, 000 .

calculate its current book value.

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