A second hand car is purchased for 2,00,000 and sold at 1,40,000 after two years. If depreciation is charged @ 10% on SLM method, find the profit or loss on sale of the car? A. 20,000 Loss B. 20,000 Profit C. 10,000 Loss D. 10,000 Profit Right Answer: 20,000 Loss Share : February 22, 2018 Asghar Khan Accounting Total 0 Votes: 0 0 Tell us how can we improve this Mcqs? Captcha: + = Verify Human or Spambot ? Related Mcqs Check Below -Period cost include which of the following ?Specialized journals are more adequate for which TYPE OF BUSINESSES?Generally the term fund is used to mean the difference between?