CA Foundation Exam  >  CA Foundation Questions  >  Shivam purchased an old building for Rs. 50 l... Start Learning for Free
Shivam purchased an old building for Rs. 50 lakhs. He demolished the building for the purpose of constructing shopping mall on the same site. Demolition cost was. Rs. 1 lakh. Construction cost of the mall was Rs. 35 lakhs. He inaugurated it and the inauguration cost was Rs. 50,000 Capital Expenditure was:
  • a)
    Rs. 86,00,000
  • b)
    Rs. 86,50,000
  • c)
    Rs. 85,00,000
  • d)
    Rs. 85,50,000
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Shivam purchased an old building for Rs. 50 lakhs. He demolished the b...
Calculation of Capital Expenditure:

1. Purchase of old building: Rs. 50 lakhs
2. Demolition cost: Rs. 1 lakh
3. Construction cost of shopping mall: Rs. 35 lakhs
4. Inauguration cost: Rs. 50,000

Therefore, the total capital expenditure is:

50 lakhs + 1 lakh + 35 lakhs + 50,000 = Rs. 86,00,000

Hence, the correct option is (a) Rs. 86,00,000.
Free Test
Community Answer
Shivam purchased an old building for Rs. 50 lakhs. He demolished the b...
5000000 + 100000 + 3500000 = 8600000
Explore Courses for CA Foundation exam
Shivam purchased an old building for Rs. 50 lakhs. He demolished the building for the purpose of constructing shopping mall on the same site. Demolition cost was. Rs. 1 lakh. Construction cost of the mall was Rs. 35 lakhs. He inaugurated it and the inauguration cost was Rs. 50,000 Capital Expenditure was:a)Rs. 86,00,000b)Rs. 86,50,000c)Rs. 85,00,000d)Rs. 85,50,000Correct answer is option 'A'. Can you explain this answer?
Question Description
Shivam purchased an old building for Rs. 50 lakhs. He demolished the building for the purpose of constructing shopping mall on the same site. Demolition cost was. Rs. 1 lakh. Construction cost of the mall was Rs. 35 lakhs. He inaugurated it and the inauguration cost was Rs. 50,000 Capital Expenditure was:a)Rs. 86,00,000b)Rs. 86,50,000c)Rs. 85,00,000d)Rs. 85,50,000Correct answer is option 'A'. Can you explain this answer? 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 Shivam purchased an old building for Rs. 50 lakhs. He demolished the building for the purpose of constructing shopping mall on the same site. Demolition cost was. Rs. 1 lakh. Construction cost of the mall was Rs. 35 lakhs. He inaugurated it and the inauguration cost was Rs. 50,000 Capital Expenditure was:a)Rs. 86,00,000b)Rs. 86,50,000c)Rs. 85,00,000d)Rs. 85,50,000Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Shivam purchased an old building for Rs. 50 lakhs. He demolished the building for the purpose of constructing shopping mall on the same site. Demolition cost was. Rs. 1 lakh. Construction cost of the mall was Rs. 35 lakhs. He inaugurated it and the inauguration cost was Rs. 50,000 Capital Expenditure was:a)Rs. 86,00,000b)Rs. 86,50,000c)Rs. 85,00,000d)Rs. 85,50,000Correct answer is option 'A'. Can you explain this answer?.
Solutions for Shivam purchased an old building for Rs. 50 lakhs. He demolished the building for the purpose of constructing shopping mall on the same site. Demolition cost was. Rs. 1 lakh. Construction cost of the mall was Rs. 35 lakhs. He inaugurated it and the inauguration cost was Rs. 50,000 Capital Expenditure was:a)Rs. 86,00,000b)Rs. 86,50,000c)Rs. 85,00,000d)Rs. 85,50,000Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Shivam purchased an old building for Rs. 50 lakhs. He demolished the building for the purpose of constructing shopping mall on the same site. Demolition cost was. Rs. 1 lakh. Construction cost of the mall was Rs. 35 lakhs. He inaugurated it and the inauguration cost was Rs. 50,000 Capital Expenditure was:a)Rs. 86,00,000b)Rs. 86,50,000c)Rs. 85,00,000d)Rs. 85,50,000Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Shivam purchased an old building for Rs. 50 lakhs. He demolished the building for the purpose of constructing shopping mall on the same site. Demolition cost was. Rs. 1 lakh. Construction cost of the mall was Rs. 35 lakhs. He inaugurated it and the inauguration cost was Rs. 50,000 Capital Expenditure was:a)Rs. 86,00,000b)Rs. 86,50,000c)Rs. 85,00,000d)Rs. 85,50,000Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Shivam purchased an old building for Rs. 50 lakhs. He demolished the building for the purpose of constructing shopping mall on the same site. Demolition cost was. Rs. 1 lakh. Construction cost of the mall was Rs. 35 lakhs. He inaugurated it and the inauguration cost was Rs. 50,000 Capital Expenditure was:a)Rs. 86,00,000b)Rs. 86,50,000c)Rs. 85,00,000d)Rs. 85,50,000Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Shivam purchased an old building for Rs. 50 lakhs. He demolished the building for the purpose of constructing shopping mall on the same site. Demolition cost was. Rs. 1 lakh. Construction cost of the mall was Rs. 35 lakhs. He inaugurated it and the inauguration cost was Rs. 50,000 Capital Expenditure was:a)Rs. 86,00,000b)Rs. 86,50,000c)Rs. 85,00,000d)Rs. 85,50,000Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Shivam purchased an old building for Rs. 50 lakhs. He demolished the building for the purpose of constructing shopping mall on the same site. Demolition cost was. Rs. 1 lakh. Construction cost of the mall was Rs. 35 lakhs. He inaugurated it and the inauguration cost was Rs. 50,000 Capital Expenditure was:a)Rs. 86,00,000b)Rs. 86,50,000c)Rs. 85,00,000d)Rs. 85,50,000Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev