A machinery purchase for Rs. 1,00,000 on 1st January, Further on 1st July New machinery purchased at Rs. 50,000. Depreciation charged @20% p.a. on Straight Line Method. After 3 years value of machinery will be: (a) Rs. 65,000 (b) Rs. 60,000 (c) Rs. 85,000 (d) None of these above
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