Chemical Engineering Basics

# A machine having assumed life of 20 years is purchased for Rs 32000/-. Its scrap value at the end of its life is Rs 8000/-. If the depreciation is calculated by diminishing balance method, then percentage reduction in its value at the end of first year is __________ percent.

**A. 6.7**- B. 7.6
- C. 10.3
- D. 15.2