Fixed asset 560000 - salvage value 60000 - production age 10 depreciation using double rate method wull 1- 20% 2- 40% 3 - 30% 4- 60%

1-20% ***using the double rate method, the straight line gives10% yearly which must be multiplied by2 and get the answer of20%.

double rate for depreciation will be20%

100% /10 years =10% per year x2 =20% per year

Depreciation using method20%

1- Double declining rate =2/ Useful life =20%