Question

A building has an initial cost of ₹10,00,000, accumulated depreciation of ₹5,50,000, and current fair value of ₹6,50,000. What is the revaluation surplus?

A ₹4,50,000
B ₹2,00,000
C ₹1,00,000
D ₹3,50,000
E Nil
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