Call Support +91-85588-96644
TCYonline

Login

Sign Up

Please enter a Username or Email ID
Please enter a password
Keep me logged in
Please enter your name
Please enter your mobile number
You can't leave Captcha Code empty
By submitting this form, you agree to the Terms & Privacy Policy.
OR

Sign Up via Facebook

Sign Up via Google

Sign Up via Twitter

Download Software
Tests given

Download TCY App

App Image

A machinery costing 150,000 was purchased on 1st April, 2007. The installation charges paid were 30,000. The machinery was depreciated by the straight line method @10% p.a. I/3rd part of the machinery was sold on 1st October, 2008 for 50,000. What was the profit or loss on the sale of this part? A)1,000 profit B)1,000 loss C)77,500 loss D)10,3000 loss

Reply


Please type your answer before submitting.
Submit