Question

On 1st April 2016 ,Machinery purchased costing ₹ 15,000. On 1st July, 2018, 1/3rd part of the above Machinery sold for ₹ 3,300. Calculate Profit or loss on sale of Machiney, if Depreciation is charged @10% p.a on original cost
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Answer 1

Answer:

loss

Explanation:

Because 3,300 is more than 15,000