In the above question if the depreciation is charged @10% on written down value method, find theprofit or loss on sale of the Second hand car.

In the above question if the depreciation is charged @10% on written d

1.	In the above question if the depreciation is charged @10% on written down value method, find theprofit or loss on sale of the Second hand car.
A.	Loss of ` 20,000 ;
B.	Loss of ` 22,000 ;
C.	Loss of ` 11,000 ;
D.	Profit of ` 11,000
Answer» C. Loss of ` 11,000 ;