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Three years ago, a machine was bought for Tk 1,00,000. The installation cost was Tk 20,000. The machine was depreciated in a straight line method at 20% per year. At the end of the 3rd year, the machine was sold for Tk 46,000. What is the gain/loss from sale of this machine?

Three years ago, a machine was bought for Tk 1,00,000. The installation cost was Tk 20,000. The machine was depreciated in a straight line method at 20% per year. At the end of the 3rd year, the machine was sold for Tk 46,000. What is the gain/loss from sale of this machine? সঠিক উত্তর loss of Tk 2,000

Total Depreciable Price 100000 + 20000= 1,20,000/-

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