Thecost of Machine includinginstallation chargesisRs. 30,000, old machine costing
Rs.8.000 was sold for Rs.4,000 iftax rate is 50%. Then the amountofnet investmen
will be:
(a) Rs. 28.000 (b) Rs. 22.000 (c)Rs. 26.000 (d) Rs. 24.000
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Answer:
the amount of investment is Rs.26,000
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