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A tractor with an expected life of 10 years was bought for Le 15.om at…

A tractor with an expected life of 10 years was bought for Le 15.om at the end of which it was to be sold for Le 1.0m. Its calculated depreciation is
  • A.
    Le 1.4m
  • B.
    Le 1.5m
  • C.
    Le 1.6m
  • D.
    Le 1.7m
Correct Answer: Option A
Explanation