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diff --git a/1943/CH1/EX1.12/Ex1_12.sce b/1943/CH1/EX1.12/Ex1_12.sce
new file mode 100755
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+++ b/1943/CH1/EX1.12/Ex1_12.sce
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+
+clc
+clear
+//Input data
+CC=(80*10^6)//Capital cost in Rs
+L=30//Useful life in years
+S=5//Salvage value of the capital cost in percent
+i=0.06//Yearly rate of compound interest
+
+//Calculations
+A=((100-S)/100)*CC//Difference of capital cost and salvage value in Rs
+P=((A*i)/((1+i)^L-1))//The amount of money to be saved annually in Rs
+
+//Output
+printf('The amount of money to be saved annually is Rs.%3.0f/-',P)