A motorized sprayer was purchased at N2,000.0 and sold at N1,000.00 after 5 years. calculate...

WAEC 1998

A motorized sprayer was purchased at N2,000.0 and sold at N1,000.00 after 5 years. calculate the annual depreciation of the sprayer.

A. N100.00
B. N200.00
C. N300.00
D. N400.00
E. N500.00

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Correct Answer: Option B

Explanation

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A motorized sprayer was purchased at N2,000.0 and sold at N1,000.00 after 5 years. calculate...

Correct Answer: Option B

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