Mr. Agrim sold shares of Ranbaxy Ltd. in 2009-10 for Rs. 24,00,000 which he had purchased...
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Mr. Agrim sold shares of Ranbaxy Ltd. in 2009-10 for Rs. 24,00,000 which he had purchased for Rs. 10,00,000 in 2001-02. The General price index in 2001-02 and 2009-10 was 100 and 340 respectively. Calculate the business result from the sale of shares under CPP accounting. What would have been the result had historical accounting been followed? day Mr. Agrim sold shares of Ranbaxy Ltd. in 2009-10 for Rs. 24,00,000 which he had purchased for Rs. 10,00,000 in 2001-02. The General price index in 2001-02 and 2009-10 was 100 and 340 respectively. Calculate the business result from the sale of shares under CPP accounting. What would have been the result had historical accounting been followed? day
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