CUET Mathematics - On 1st April 2024, person 'X' purchased a machinery costing ₹ 65000 and spent ₹ 10000 on its installation. The estimated effective life of the machinery is 5 years with a scrap value of ₹ 10000. The annual depreciation using the straight-line method with the accounting year ending on 31st March 2025 is: | PYQs + Solutions | AfterBoards