Prob.7. Workout the depreciated replacement cost of a building having the following particulars by adopting 1 sinking fund method. Total built up area of all the floors = 400 m2 Age of the building = 30 years Total life of building = 80 years Scrap value at the end of useful life = 10% Percentage for sinking fund = 6% Let present rate of construction as Rs. 1400 per m² th %3D %3D %3D

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