CA CPT 2016 June Question Paper Fundamentals of Accounting for online practice
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Question : 27 of 60
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A machine was purchased on 01-04-2012 for Rs.15,00,000. The scrap value is estimated atRs.50,000. Depreciation is charged at 15% p.a. under WDV method. The machine was sold on01-07-2015 for Rs.9,04,115. Calculate the profit.
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