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Estimation and Costing MCQ Set-2 Question 6:-
Annual rent is generally fixed at
(a) 1% to 2% of value of building
(b) 2% to 5% of value of building
(c) 5% to 10% of value of building
(d) 10% to 25% of value of building
Estimation and Costing MCQ Question 7:-
Original cost of property minus depreciation is
(a) book value
(b) salvage value
(c) Rateable value
(d) obsolescence value
Estimation and Costing MCQ Question 8:-
The cost of a machine is Rs. 50,000 with a useful life of 10 years. Its depreciated cost, after 5 years, if the salvage value is Rs. 10,000 on straight line basis, will be
(a) 35,000
(b) 30,000
(c) 45,000
(d) 25,000
Estimation and Costing MCQ Question 9:-
The valuation of a building depends upon
(a) its structure and durability
(b) size, shape and type
(c) quality of material used
(d) all the above
Estimation and Costing MCQ Question 10:-
The gradual reduction in value with age of a property is known as
(a) devaluation
(b) revaluation
(c) depreciation
(d) appreciation
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