Q. XYZ Ltd is engaged in production of textile articles. Opening WDV of the block of assets was Rs.` 15, 00,000. During the year, plant was acquired under this block on 15th June 2018 amounting to Rs.` 10, 00,000. One of the asset falling within the block was sold for Rs. ` 5, 50,000 on 14-01- 2019. Rate of depreciation of the block is 15%.Calculate the total amount of depreciation including additional depreciation available during the previousyear for the block. C (Solved)
1. rs.` 2,92,500
2. rs.`4,92,500
3. rs.` 3,92,500 88
4. rs.` 3,52,500
- b. rs.`4,92,500