I want text all answers 175 A firm purchased a machinery for Rs.2 lac. It is to be depreciated by 20% at written down value method. What will be the depreciated value at the end of 3rd year? 176 A firm purchased a machinery for Rs.2 lac. It is to be depreciated by 20% at written down value method. It sold the machinery for Rs.1 lac at the end of 3rd year. What will be the profit or loss on the sale? 177 A computing machine costs Rs.10000. The life of the machinery is 3 years. What is the amount of depreciation in the 2nd year as per double declining balance method