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Former Member
Dec 03, 2018 at 07:26 AM

How to calculate depreciation on percentage of amount on its original cost

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for example -

APC - 10000 (Original cost)

I want to take 60% of amount for depreciation on its original cost

i..e.., 6000 for depreciation .(Written down value method with 10% for 10 years)

After five years the cost of the asset will be 3000 and here i want to take the 40% of the present amount i..e.., 3000*40/100 = 1200 , and calculate depreciation on this for remaining 5 years ?