An equipment cost Rs. 8,00,000 today and has a service life of 15 years. The salvage value at the end of 15 years is Rs. 2,00,000. What will be the value at the end of 10 years?
A. 4,00,000
B. 6,60,000
C. 4,50,000
D. 5,00,000
Answer: Option A
This Question Belongs to Mining Engineering >> Mine Economics
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