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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

Ans: (c) 5% to 10% 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

Ans: (a) book 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

Ans: (b) 30,000 ✔

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

Ans: (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

Ans: (c) depreciation ✔

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