the written down value of an asset after charging three years of depreciation based on reducing balance method stood at 36450.rate of dep. is 10% per annum.what will be the original cost of asset?

Dear Student,
 
Particulars Amount (Rs)
WDV at the end of 3rd year (given) 36,450
WDV at the end of 2nd year (36,450×10090) 40,500
WDV at the end of 1st Year (40,500×10090) 45,000
Cost of the asset (at the beginning) (45,000×10090) 50,000
Therefore , Depreciation for 1st year (50,000-45,000) or 50,000×10100 5,000
Depreciation for 2nd year
 (45,000-40,500) or 45,000×10100
4,500
Depreciation for 3rd year
 (40,500-36,450) or 40,500×10100
4,050
   

Regards,

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