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Commerce · Q1808

Accounting

Graduate and Post Graduate · Commerce · question 1808

Q1808

A motor car which was purchased for Rs. 20,000 had its book value Rs. 12,000 was sold for Rs. 25,000, the capital profits will be:

A.
Rs. 5,000
B.
Rs. 8,000
C.
Rs. 13,000
Answer
D.
Rs. 25,000

Answer: Option C

Solution

Answer: Option C
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