Chemical Engineering > GATE 2011 > Depreciation
A process plant has a life of 7 years and its salvage value is 30%. For what MINIMUM fixed-percentage factor will the depreciation amount for the second year, calculated by declining balance method be EQUAL to that calculated by the straight line depreciation method?
A
0.1
B
0.113
C
0.527
D
0.887

Correct : b

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depreciation chemical engineering GATE 2011 declining balance method straight line depreciation chemical engineering depreciation GATE chemical engineering salvage value depreciation fixed percentage factor second year depreciation GATE 2011 question 44

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