Request a call back

Join NOW to get access to exclusive study material for best results

CBSE Class 12-commerce Answered

On 1st april 2009, Sinking Fund amounted to ₹450000 invested in investments of face value of ₹500000. Out pf this, investments of face value of ₹150000 were sold at 80% . Find profit or loss on sale.  
question image
Asked by sunilsaharan107 | 19 Nov, 2018, 01:00: PM
answered-by-expert Expert Answer
Cost of 5,00,000 FV Investments: 4,50,000
Cost of FV of 1,50,000 Investments: 4,50,000/5,00,000*1,50,000 = 1,35,000
 
Sale Price = 1,50,000*80% = 1,20,000
 
Loss Incurred = 1,35,000 - 1,20,000 = 15,000
Answered by | 20 Nov, 2018, 09:48: AM

Application Videos

Concept Videos

CBSE 12-commerce - Accountancy
Asked by joymotibarman | 15 Jan, 2024, 02:15: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Accountancy
Asked by divyanshmaheshwari2003 | 04 Nov, 2023, 05:06: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Accountancy
Asked by deepamonidas1234 | 21 Sep, 2023, 09:14: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Accountancy
Asked by officialpaperio.man | 31 Jan, 2022, 09:14: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Accountancy
Asked by swapnil292001 | 08 Nov, 2020, 11:22: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Accountancy
Asked by raksha2sanubth | 13 Jul, 2020, 11:22: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Accountancy
Asked by raksha2sanubth | 13 Jul, 2020, 11:19: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Accountancy
Asked by sonowalabhilash | 02 Jul, 2020, 09:46: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Accountancy
Asked by simarjiv10 | 24 Jun, 2020, 11:25: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
Get Latest Study Material for Academic year 24-25 Click here
×