Formula deep page
SLM = (Cost - Residual Value) / Useful life
SLM = (Cost - Residual Value) / Useful life
This formula belongs to the chapter "Depreciation, Provisions and Reserves" in Class 11 Accountancy. Use it after identifying the right variables, matching the chapter context, and writing the substitution clearly.
How to use it
- Identify the quantity you need to find.
- Check the related variables and units from the question.
- Substitute values carefully into the formula.
- Simplify step by step and write the final statement.
Worked cue
Open the related topic examples to see this formula in action.