Functional depreciation of an equipment is the measure of decrease in its value due to its

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Ram Sharma

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📊 Chemical Engineering Plant Economics

Q. Functional depreciation of an equipment is the measure of decrease in its value due to its

(A) Wear and tear
(B) Ageing
(C) Breakdown or accident
(D) Obsolescence

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✅ Correct Answer: (D) Obsolescence

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