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Depreciation Methods MCQs 2026

61 questions with detailed answers · 23 from past papers · 7 quiz batches available

📚 Accounting Mcqs 📄 23 Past-Paper Qs ✓ Free · No Login Needed
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Read each question, think about the answer, then click Show Answer to reveal the correct option and explanation. Load 10 at a time so it stays manageable — perfect for one-topic study sessions on the bus or during a break.

Page 1 of 1 Questions 1–10 of 61
  1. Q1 medium

    SLM depreciation 17: asset cost Rs 440,000, salvage Rs 15,000, life 9 years. Annual depreciation is

    1. A Rs 48,889
    2. B Rs 52,222
    3. C Rs 15,000
    4. D Rs 47,222
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  2. Q2 medium

    SLM depreciation 18: asset cost Rs 455,000, salvage Rs 20,000, life 10 years. Annual depreciation is

    1. A Rs 45,500
    2. B Rs 43,500
    3. C Rs 48,500
    4. D Rs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  3. Q3 medium

    SLM depreciation 21: asset cost Rs 500,000, salvage Rs 10,000, life 7 years. Annual depreciation is

    1. A Rs 71,429
    2. B Rs 70,000
    3. C Rs 75,000
    4. D Rs 10,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  4. Q4 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 22: asset cost Rs 515,000, salvage Rs 15,000, life 8 years. Annual depreciation is

    1. A Rs 64,375
    2. B Rs 62,500
    3. C Rs 67,500
    4. D Rs 15,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  5. Q5 medium

    SLM depreciation 23: asset cost Rs 530,000, salvage Rs 20,000, life 9 years. Annual depreciation is

    1. A Rs 56,667
    2. B Rs 58,889
    3. C Rs 61,667
    4. D Rs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  6. Q6 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 24: asset cost Rs 545,000, salvage Rs 25,000, life 10 years. Annual depreciation is

    1. A Rs 54,500
    2. B Rs 52,000
    3. C Rs 57,000
    4. D Rs 25,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  7. Q7 medium

    SLM depreciation 25: asset cost Rs 560,000, salvage Rs 30,000, life 5 years. Annual depreciation is

    1. A Rs 112,000
    2. B Rs 111,000
    3. C Rs 106,000
    4. D Rs 30,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  8. Q8 medium

    SLM depreciation 26: asset cost Rs 575,000, salvage Rs 10,000, life 6 years. Annual depreciation is

    1. A Rs 95,833
    2. B Rs 94,167
    3. C Rs 99,167
    4. D Rs 10,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  9. Q9 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 27: asset cost Rs 590,000, salvage Rs 15,000, life 7 years. Annual depreciation is

    1. A Rs 84,286
    2. B Rs 87,143
    3. C Rs 15,000
    4. D Rs 82,143
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  10. Q10 medium

    SLM depreciation 28: asset cost Rs 605,000, salvage Rs 20,000, life 8 years. Annual depreciation is

    1. A Rs 73,125
    2. B Rs 75,625
    3. C Rs 78,125
    4. D Rs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  11. Q11 medium

    SLM depreciation 29: asset cost Rs 620,000, salvage Rs 25,000, life 9 years. Annual depreciation is

    1. A Rs 68,889
    2. B Rs 66,111
    3. C Rs 71,111
    4. D Rs 25,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  12. Q12 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 30: asset cost Rs 635,000, salvage Rs 30,000, life 10 years. Annual depreciation is

    1. A Rs 63,500
    2. B Rs 60,500
    3. C Rs 65,500
    4. D Rs 30,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  13. Q13 medium

    SLM depreciation 31: asset cost Rs 650,000, salvage Rs 10,000, life 5 years. Annual depreciation is

    1. A Rs 130,000
    2. B Rs 133,000
    3. C Rs 10,000
    4. D Rs 128,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  14. Q14 medium

    SLM depreciation 32: asset cost Rs 665,000, salvage Rs 15,000, life 6 years. Annual depreciation is

    1. A Rs 110,833
    2. B Rs 113,333
    3. C Rs 15,000
    4. D Rs 108,333
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  15. Q15 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 33: asset cost Rs 680,000, salvage Rs 20,000, life 7 years. Annual depreciation is

    1. A Rs 97,143
    2. B Rs 94,286
    3. C Rs 99,286
    4. D Rs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  16. Q16 medium

    SLM depreciation 34: asset cost Rs 695,000, salvage Rs 25,000, life 8 years. Annual depreciation is

    1. A Rs 83,750
    2. B Rs 86,875
    3. C Rs 88,750
    4. D Rs 25,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  17. Q17 medium

    SLM depreciation 35: asset cost Rs 710,000, salvage Rs 30,000, life 9 years. Annual depreciation is

    1. A Rs 78,889
    2. B Rs 75,556
    3. C Rs 80,556
    4. D Rs 30,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  18. Q18 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 36: asset cost Rs 725,000, salvage Rs 10,000, life 10 years. Annual depreciation is

    1. A Rs 71,500
    2. B Rs 72,500
    3. C Rs 76,500
    4. D Rs 10,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  19. Q19 medium

    SLM depreciation 37: asset cost Rs 740,000, salvage Rs 15,000, life 5 years. Annual depreciation is

    1. A Rs 145,000
    2. B Rs 148,000
    3. C Rs 150,000
    4. D Rs 15,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  20. Q20 medium

    SLM depreciation 38: asset cost Rs 755,000, salvage Rs 20,000, life 6 years. Annual depreciation is

    1. A Rs 125,833
    2. B Rs 127,500
    3. C Rs 122,500
    4. D Rs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  21. Q21 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 39: asset cost Rs 770,000, salvage Rs 25,000, life 7 years. Annual depreciation is

    1. A Rs 110,000
    2. B Rs 111,429
    3. C Rs 25,000
    4. D Rs 106,429
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  22. Q22 medium

    SLM depreciation 40: asset cost Rs 785,000, salvage Rs 30,000, life 8 years. Annual depreciation is

    1. A Rs 98,125
    2. B Rs 99,375
    3. C Rs 94,375
    4. D Rs 30,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  23. Q23 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 41: asset cost Rs 800,000, salvage Rs 10,000, life 9 years. Annual depreciation is

    1. A Rs 88,889
    2. B Rs 87,778
    3. C Rs 92,778
    4. D Rs 10,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  24. Q24 medium

    SLM depreciation 42: asset cost Rs 815,000, salvage Rs 15,000, life 10 years. Annual depreciation is

    1. A Rs 80,000
    2. B Rs 81,500
    3. C Rs 85,000
    4. D Rs 15,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  25. Q25 medium

    SLM depreciation 43: asset cost Rs 830,000, salvage Rs 20,000, life 5 years. Annual depreciation is

    1. A Rs 166,000
    2. B Rs 167,000
    3. C Rs 162,000
    4. D Rs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  26. Q26 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 44: asset cost Rs 845,000, salvage Rs 25,000, life 6 years. Annual depreciation is

    1. A Rs 140,833
    2. B Rs 141,667
    3. C Rs 25,000
    4. D Rs 136,667
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  27. Q27 medium

    SLM depreciation 45: asset cost Rs 860,000, salvage Rs 30,000, life 7 years. Annual depreciation is

    1. A Rs 118,571
    2. B Rs 122,857
    3. C Rs 123,571
    4. D Rs 30,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  28. Q28 medium

    SLM depreciation 46: asset cost Rs 875,000, salvage Rs 10,000, life 8 years. Annual depreciation is

    1. A Rs 108,125
    2. B Rs 109,375
    3. C Rs 113,125
    4. D Rs 10,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  29. Q29 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 47: asset cost Rs 890,000, salvage Rs 15,000, life 9 years. Annual depreciation is

    1. A Rs 98,889
    2. B Rs 97,222
    3. C Rs 102,222
    4. D Rs 15,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  30. Q30 medium

    SLM depreciation 48: asset cost Rs 905,000, salvage Rs 20,000, life 10 years. Annual depreciation is

    1. A Rs 90,500
    2. B Rs 93,500
    3. C Rs 20,000
    4. D Rs 88,500
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  31. Q31 medium

    SLM depreciation 51: asset cost Rs 950,000, salvage Rs 10,000, life 7 years. Annual depreciation is

    1. A Rs 135,714
    2. B Rs 139,286
    3. C Rs 10,000
    4. D Rs 134,286
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  32. Q32 medium

    SLM depreciation 52: asset cost Rs 965,000, salvage Rs 15,000, life 8 years. Annual depreciation is

    1. A Rs 118,750
    2. B Rs 120,625
    3. C Rs 123,750
    4. D Rs 15,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  33. Q33 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 53: asset cost Rs 980,000, salvage Rs 20,000, life 9 years. Annual depreciation is

    1. A Rs 108,889
    2. B Rs 111,667
    3. C Rs 106,667
    4. D Rs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  34. Q34 medium

    SLM depreciation 54: asset cost Rs 995,000, salvage Rs 25,000, life 10 years. Annual depreciation is

    1. A Rs 97,000
    2. B Rs 99,500
    3. C Rs 102,000
    4. D Rs 25,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  35. Q35 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 55: asset cost Rs 1,010,000, salvage Rs 30,000, life 5 years. Annual depreciation is

    1. A Rs 202,000
    2. B Rs 201,000
    3. C Rs 196,000
    4. D Rs 30,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  36. Q36 medium

    SLM depreciation 11: asset cost Rs 350,000, salvage Rs 10,000, life 9 years. Annual depreciation is

    1. A Rs 38,889
    2. B Rs 37,778
    3. C Rs 42,778
    4. D Rs 10,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  37. Q37 Past Paper · PPSC/FPSC/NTS easy

    Straight-line method in accounting refers to

    1. A total depreciation charged to date
    2. B equal charge each year over useful life
    3. C cost minus salvage value
    4. D formal record of fixed asset details
    💡 Explanation:

    straight-line method is a core 6 concept for PPSC/FPSC/NTS exams.

  38. Q38 medium

    Reducing balance method in accounting refers to

    1. A estimated residual proceeds at end of life
    2. B expected period asset will be used
    3. C carrying amount exceeds recoverable amount
    4. D fixed percentage on written-down value
    💡 Explanation:

    reducing balance method is a core 6 concept for PPSC/FPSC/NTS exams.

  39. Q39 Past Paper · PPSC/FPSC/NTS hard

    Units of production in accounting refers to

    1. A cost minus salvage value
    2. B charge based on actual usage or output
    3. C formal record of fixed asset details
    4. D increase in carrying amount on revaluation
    💡 Explanation:

    units of production is a core 6 concept for PPSC/FPSC/NTS exams.

  40. Q40 easy

    Accumulated depreciation in accounting refers to

    1. A expected period asset will be used
    2. B carrying amount exceeds recoverable amount
    3. C equal charge each year over useful life
    4. D total depreciation charged to date
    💡 Explanation:

    accumulated depreciation is a core 6 concept for PPSC/FPSC/NTS exams.

  41. Q41 Past Paper · PPSC/FPSC/NTS medium

    Salvage value in accounting refers to

    1. A estimated residual proceeds at end of life
    2. B formal record of fixed asset details
    3. C increase in carrying amount on revaluation
    4. D fixed percentage on written-down value
    💡 Explanation:

    salvage value is a core 6 concept for PPSC/FPSC/NTS exams.

  42. Q42 hard

    Depreciable amount in accounting refers to

    1. A carrying amount exceeds recoverable amount
    2. B equal charge each year over useful life
    3. C charge based on actual usage or output
    4. D cost minus salvage value
    💡 Explanation:

    depreciable amount is a core 6 concept for PPSC/FPSC/NTS exams.

  43. Q43 Past Paper · PPSC/FPSC/NTS easy

    Useful life in accounting refers to

    1. A expected period asset will be used
    2. B increase in carrying amount on revaluation
    3. C fixed percentage on written-down value
    4. D total depreciation charged to date
    💡 Explanation:

    useful life is a core 6 concept for PPSC/FPSC/NTS exams.

  44. Q44 medium

    Asset register in accounting refers to

    1. A equal charge each year over useful life
    2. B formal record of fixed asset details
    3. C charge based on actual usage or output
    4. D estimated residual proceeds at end of life
    💡 Explanation:

    asset register is a core 6 concept for PPSC/FPSC/NTS exams.

  45. Q45 Past Paper · PPSC/FPSC/NTS hard

    Impairment in accounting refers to

    1. A fixed percentage on written-down value
    2. B total depreciation charged to date
    3. C carrying amount exceeds recoverable amount
    4. D cost minus salvage value
    💡 Explanation:

    impairment is a core 6 concept for PPSC/FPSC/NTS exams.

  46. Q46 easy

    Revaluation surplus in accounting refers to

    1. A charge based on actual usage or output
    2. B estimated residual proceeds at end of life
    3. C increase in carrying amount on revaluation
    4. D expected period asset will be used
    💡 Explanation:

    revaluation surplus is a core 6 concept for PPSC/FPSC/NTS exams.

  47. Q47 medium

    SLM depreciation 1: asset cost Rs 200,000, salvage Rs 10,000, life 5 years. Annual depreciation is

    1. A Rs 40,000
    2. B Rs 43,000
    3. C Rs 10,000
    4. D Rs 38,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  48. Q48 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 2: asset cost Rs 215,000, salvage Rs 15,000, life 6 years. Annual depreciation is

    1. A Rs 35,833
    2. B Rs 38,333
    3. C Rs 33,333
    4. D Rs 15,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  49. Q49 medium

    SLM depreciation 3: asset cost Rs 230,000, salvage Rs 20,000, life 7 years. Annual depreciation is

    1. A Rs 32,857
    2. B Rs 35,000
    3. C Rs 30,000
    4. D Rs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  50. Q50 medium

    SLM depreciation 4: asset cost Rs 245,000, salvage Rs 25,000, life 8 years. Annual depreciation is

    1. A Rs 27,500
    2. B Rs 30,625
    3. C Rs 32,500
    4. D Rs 25,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  51. Q51 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 5: asset cost Rs 260,000, salvage Rs 30,000, life 9 years. Annual depreciation is

    1. A Rs 28,889
    2. B Rs 30,556
    3. C Rs 25,556
    4. D Rs 30,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  52. Q52 medium

    SLM depreciation 6: asset cost Rs 275,000, salvage Rs 10,000, life 10 years. Annual depreciation is

    1. A Rs 27,500
    2. B Rs 31,500
    3. C Rs 10,000
    4. D Rs 26,500
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  53. Q53 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 7: asset cost Rs 290,000, salvage Rs 15,000, life 5 years. Annual depreciation is

    1. A Rs 58,000
    2. B Rs 60,000
    3. C Rs 55,000
    4. D Rs 15,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  54. Q54 medium

    SLM depreciation 8: asset cost Rs 305,000, salvage Rs 20,000, life 6 years. Annual depreciation is

    1. A Rs 50,833
    2. B Rs 52,500
    3. C Rs 47,500
    4. D Rs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  55. Q55 medium

    SLM depreciation 12: asset cost Rs 365,000, salvage Rs 15,000, life 10 years. Annual depreciation is

    1. A Rs 36,500
    2. B Rs 40,000
    3. C Rs 35,000
    4. D Rs 15,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  56. Q56 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 13: asset cost Rs 380,000, salvage Rs 20,000, life 5 years. Annual depreciation is

    1. A Rs 72,000
    2. B Rs 76,000
    3. C Rs 77,000
    4. D Rs 20,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  57. Q57 medium

    SLM depreciation 14: asset cost Rs 395,000, salvage Rs 25,000, life 6 years. Annual depreciation is

    1. A Rs 65,833
    2. B Rs 66,667
    3. C Rs 25,000
    4. D Rs 61,667
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  58. Q58 medium

    SLM depreciation 15: asset cost Rs 410,000, salvage Rs 30,000, life 7 years. Annual depreciation is

    1. A Rs 58,571
    2. B Rs 59,286
    3. C Rs 30,000
    4. D Rs 54,286
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  59. Q59 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 16: asset cost Rs 425,000, salvage Rs 10,000, life 8 years. Annual depreciation is

    1. A Rs 51,875
    2. B Rs 53,125
    3. C Rs 56,875
    4. D Rs 10,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  60. Q60 Past Paper · PPSC/FPSC/NTS medium

    SLM depreciation 10: asset cost Rs 335,000, salvage Rs 30,000, life 8 years. Annual depreciation is

    1. A Rs 41,875
    2. B Rs 43,125
    3. C Rs 38,125
    4. D Rs 30,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

  61. Q61 medium

    SLM depreciation 9: asset cost Rs 320,000, salvage Rs 25,000, life 7 years. Annual depreciation is

    1. A Rs 45,714
    2. B Rs 42,143
    3. C Rs 47,143
    4. D Rs 25,000
    💡 Explanation:

    SLM = (Cost − Salvage) / Useful life.

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