The initial cost of an equipment is Rs. 20 lakhs and depreciated cost after ten years is Rs. 15 lakhs. The useful life of the equipment is

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Q. The initial cost of an equipment is Rs. 20 lakhs and depreciated cost after ten years is Rs. 15 lakhs. The useful life of the equipment is

(A) 5 years
(B) 15 years
(C) 20 years
(D) Cannot be determined on the basis of the information provided

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✅ Correct Answer: (D) Cannot be determined on the basis of the information provided

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