Motor Road Transport For Commercial Purposes
(Liquid Fuel, Steam, Electricity)

 138 MOTOR ROAD TRANSPORT 7 Years’ Life : 25 per cent. Depreciation Value of Vehicle at end of: Depreciation at 25% Interest at 6% £ £ Ist 1,000-250 = 750 2nd 750-187 = 563 3rd 563-141 = 422 4th 422-105 =317 5th 317- 79 = 238 6th 238- 59 = 179 7th 179- 45 = 134 ^134 — “ scrap ” pr 9 Years’ Life : 20 per £ 250 187 141 105 79 59 45 ice at end of 7 years ;ent. Depreciation £ 60 45 34 25 19 14 11 Value of Vehicle at end of : Depreciation at 20% Interest at 6% £ £ Ist 1,000-200 = 800 2nd 800-160 = 640 3rd 640-128 = 512 4th 512-102 = 410 5th 410- 82 = 328 6th 328- 66 = 262 7th 262- 52 = 210 8th 210- 42 = 168 9th 168- 34 = 134 £134 = “ scrap ” pri< £ 200 160 128 102 82 66 52 42 34 :e at end of 9 yea £ 60 48 38 31 25 20 16 13 10 rs. 12 Years’ Life : 15 per cent. Depreciation Value of Vehicle at end of : Depreciation at 15% Interest at 6% £ £ Ist 1,000-150 = 850 2nd 850-127 = 723 3rd 723-108 = 615 4th 615- 92 = 523 5th 523- 78 = 445 6th 445- 67 = 378 7th 378- 57 = 321 8th 321- 48 = 273 9th 273- 41 = 232 lOth 232- 35 = 197 llth 197- 30 = 167 12th 167- 25 = 142 ^142 == “ scrap ” pri £ 150 127 108 92 78 67 57 48 41 35 30 25 ce at end of 12 yea £ 60 51 43 37 31 27 23 19 16 14 12 10 rs.