On 1st July 2012, a second hand machine was purchased for Rs. 1500000 and an amount of 100000 spent for its repair. Depreciation is charged at 15% p.a. under WDV method. The machine was sold on 31st March 2015, for Rs. 1040000. calculate the profit or loss on the machinery?

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On 1st July 2012, a second hand machine was purchased for Rs. 1500000 and an amount of 100000 spent for its repair. Depreciation is charged at 15% p.a. under WDV method. The machine was sold on 31st March 2015, for Rs. 1040000. calculate the profit or loss on the machinery?

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On 1st July 2012, a second hand machine was purchased for Rs. 1500000 and an amount of 100000 spent for its repair. Depreciation is charged at 15% p.a. under WDV method. The machine was sold on 31st March 2015, for Rs. 1040000. calculate the profit or loss on the machinery? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about On 1st July 2012, a second hand machine was purchased for Rs. 1500000 and an amount of 100000 spent for its repair. Depreciation is charged at 15% p.a. under WDV method. The machine was sold on 31st March 2015, for Rs. 1040000. calculate the profit or loss on the machinery? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On 1st July 2012, a second hand machine was purchased for Rs. 1500000 and an amount of 100000 spent for its repair. Depreciation is charged at 15% p.a. under WDV method. The machine was sold on 31st March 2015, for Rs. 1040000. calculate the profit or loss on the machinery?.

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