What will be the amount of loss suffered on machinery purchased for Rs. 10,000 on 1-1-2018 and sold for Rs. 5000 on 30-6-21. The rate of depreciation charged 10% p.a. on written down method. Accounts closed every year 31st March.
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2000
per month 1000 dep. charge 3000total charge
10000-5000-3000--2000
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