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Five years ago, on old machine was purchased for Rs. 1,00,000 and Rs. 10,000 was paid on its repairing charges. There was also accumulated depreciation of Rs. 50,000 on this machinery. At the beginning of the sixth year it was sold for Rs. 60,000. Profit or loss from this sale will be

Correct Answer: No profit or no loss

Rashna Company collected the following data in its accounting records in 2014 : From the income statement : Depreciation expense Tk. 1,000 Loss on sale of equipment 3,000 From the comparative balance sheet : Beginning balance , equipment Tk. 12,500 Ending balance , equipment 8,000 Beginning balance , accumulated depreciation 2,000 Ending balance , accumulated depreciation 2,400 No new equipment was purchased during the year. The equipment was sold at the end of the year. What was the cash in -flow from the sale of equipment in 2014?

কয়েক বছর পূর্বে ঝিলমিল ট্রেডার্স ৫,০০,০০০ টাকা ব্যয়ে একটি অফিস সরঞ্জাম ক্রয় করে যার ভগ্নাবশেষ মূল্য ধরা হয় ৫০,০০০ টাকা। বার্ষিক ১০% হারে সরলরৈখিক পদ্ধতিতে অবচয় ধার্য করে আজ পর্যন্ত পুঞ্জীভূত অবচয় হয়েছে ২,২৫,০০০ টাকা। আজ এটি ২,৫০,০০০ টাকায় বিক্রয় করা হলে কত টাকা লাভ বা ক্ষতি হবে? (A few years ago, Jhilmil Traders purchased an office equipment at a cost of Tk. 5,00,000 and estimated its salvage value of Tk. 50,000. As of today, the accumulated depreciation at 10% per annum under straight-line method is of Tk. 2,25,000. Today if it could be sold for Tk. 2,50,000, what would be the gain or loss on this sale?)

A car moves at a speed of 72 km/hr after repairing and moves at the speed of 54 km/hr before repairing. It covers X distance in 6 hours after repairing. How much time (inhours) will it take to cover 3X distance before repairing?

A bus moves at a speed of 84 km/hr after repairing and moves at a speed of 56 km/hr before repairing. It covers 2x distance in 8 hours after repairing.How much time (in hours) will it take to cover x distance before repairing?

A truck moves at the speed of 90 km/hr after repairing and moves at the speed of 80 km/hr before repairing. It covers x distance in 8 hours after repairing. How much time (in hours) will it take to cover 4x distance before repairing?

A machine was bought on 1st January, 1994 for Rs. 10,000. Its working life was estimated to be four years. The method of depreciation used is the 'sum of the year digit'. The machine was discarded and sold on 30th June, 1996 for Rs. 1,000. The profit/loss on sale of the discarded machine was:

The estimated life of a machine costing Rs. 9,00,000 is 9 years. The firm follows the 'Sum of Year Digit' Method of depreciation. The amount of depreciation provision on the machine in the sixth year of its life will be:

The charges for a five-day trip by a tourist bus for one full ticket and a half-ticket are Rs. 1440 inclusive of boarding charges which are same for a full ticket and a half-ticket. The charges for the same trip for 2 full tickets and one half-ticket inclusive of boarding charges are Rs. 2220. The fare for a half-ticket is 75% of the full ticket. Find the fare and the boarding charges separately for one full ticket.

A machine depreciates in value each year at the rate of 10% of its previous value. However, every second year there is some maintenance work so that in that particular year, depreciation is only 5% of its previous value. If at the end of the fourth year, the value of the machine stands at Rs 1,46,205, then find the value of machine at the start of the first year.

Kiran purchased a scooter for Tk.52000. He sold it at loss of 10%. With that money he purchased another scooter and sold it at profit of 20%. What is his overall loss profit?