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Accountancy
Accounting for Specific Business and Transactions
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MCQ - Accounting for Specific Business and Transactions
question_answer
Ram purchased a computer on 1.04.2010 for ` 600000. He is charging depreciation on written down value method. On 31.03.2011, he sold the computer for ` 165000 and incurred a loss of ` 75000. The rate of depreciation per annum is