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

M/s. ELF purchased an asset on 1-4-16 for ₹1,55,000 and spent ₹5,000 for its installation. On 1-10-17 the above asset is purchased on the same day for ₹80,000. Depreciation is charged at 10% p.a. under WDV method. What will be the total affect on Profit and Loss A/c for the year 2017-18.