Question
Which of the following is NOT a method of charging
depreciation?Solution
The Inventory Method is used for valuation of inventories (AS 2), not for charging depreciation. The other three are valid depreciation methods.
The percentage profit earned when an article is sold for Rs. 420 is four times the percentage profit earned when the same article is sold for Rs. 330. ...
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If 15 buttons are bought at Rs 1 and sold at the rate of 10 buttons at Rs 1, what will be the percentage profit?
