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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

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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