GATE PI · 2024 · PI
Question 63: Engineering Economy and Costing
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Question 63
PINAT2 marksNeeds review
A company purchased two machines, Machine A and Machine B, at the same time. The purchase price, estimated useful life and the estimated salvage value of the two machines are given in the table.
| Machine A | Machine B |
|---|---|---|
Purchase price | INR 20,000 | INR 15,000 |
Estimated useful life | 10 years | 20 years |
Estimated salvage value | INR 5,000 | INR 5,000 |
Using the straight-line depreciation method for both the machines, the difference (in INR) between the value of Machine A and the value of Machine B at the end of five years is ________. (Answer in integer)
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2024PI
GATE PI 2024 · Paper 1
Production and Industrial Engineering · Original paper archive
- Section
- Production and Industrial Engineering
- Question type
- Numerical answer (NAT)
- Marks
- 2 marks
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