A company purchases 2,00,000 worth of machinery on 1st Jan 2000 , on 1st Jun 2001 the company purchases machinery at worth of 50,000 , on 1st Apr 2002 the company sold machinery which was bought in 1st Jan 2000 for 60,000 , for 10,000 has scrap value and replaced new machinery at a cost of 80,000 . Depreciation rate is 10%