2217. The depreciation during the year ‘n’, in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage ‘N’ to the September 7, 2025 by Admin initial cost. book value at the end of (n – 1)th year, depreciation during the (n – 1)th year. difference between initial cost and salvage value. ✅ The correct answer is option B.
