Question

An asset has a carrying amount (book value) of ₹2,00,000. Its recoverable amount, determined as the fair value less costs of disposal, is ₹1,80,000. What amount of impairment loss should be recognized in the financial statements?

A ₹10k
B ₹20k
C ₹30k
D ₹40k
E ₹20k
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