Question:medium

In which of the following methods the depreciation for any year is taken as a constant percentage of the remaining value at the beginning of that year?

Show Hint

To easily identify the method:
- "Constant amount of value lost" $\rightarrow$ Straight Line Method.
- "Constant percentage of remaining value lost" $\rightarrow$ Declining Balance Method.
  • Straight line method
  • Declining balance method
  • Estimated value method
  • Sum-of-the-years-digits method
Show Solution

The Correct Option is B

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