UPSC Civil Service Exam Questions - Engineering

Q1:

An equipment is purchased for Rs. 40, 000.00 and is fully depreciated by straight line method over 8 years. Considering interest on average annual cost at 15% p.a., the charge on the Company due to use of this equipment, if made uniformly over the 8 years, is

A Rs. 5, 750

B Rs. 8, 000

C Rs. 8, 375

D Rs. 14, 000

ANS:C - Rs. 8, 375

No answer description is available.