Q. In the above question if the depreciation is charged @10% on written down value method, find theprofit or loss on sale of the Second hand car. (Solved)
1. Loss of ` 20,000 ;
2. Loss of ` 22,000 ;
3. Loss of ` 11,000 ;
4. Profit of ` 11,000
- b. Loss of ` 22,000 ;