CA CPT Dec 2018 Question Paper Fundamentals of Accounting for online practice

A machinery was purchased on 1-4-15 for ₹20,000. Depreciation is charged at 25% p.a. on W.D.V. method. At the end of the 3rd year 4th machinery was sold for ₹2,000. The amount of profit or loss on the sale of machinery will be______