Shivam Industries installed a flour mill for Rs. 300,000 five years ago. If the fixed annual rate of depreciation is 5% and they sold the mill for Rs. 250,000 their gain/loss % is?_x005F_x000D_ Â _x005F_x000D_

Shivam Industries installed a flour mill for Rs. 300,000 five years ag

1.	Shivam Industries installed a flour mill for Rs. 300,000 five years ago. If the fixed annual rate of depreciation is 5% and they sold the mill for Rs. 250,000 their gain/loss % is?_x005F_x000D_ Â _x005F_x000D_
A.	No gain - No loss
B.	Loss 10%
C.	Gain 12.5%
D.	Gain 10%
Answer» E.

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Shivam Industries installed a flour mill for Rs. 300,000 five years ago. If the fixed annual rate of depreciation is 5% and they sold the mill for Rs. 250,000 their gain/loss % is?_x005F_x000D_ Â _x005F_x000D_

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