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Ms. Wadha had purchased a residential building for RO 350,000 in the year 2015 when the price index was 200, she sold the same in
Ms. Wadha had purchased a residential building for RO 350,000 in the year 2015 when the price index was 200, she sold the same in the year 2020 when the price index was 500, for RO 750,000 What profit or losses should be recorded using current purchasing power method? a. Profit of RO 125,000 O b. Loss of RO 875,000 O c. Loss of RO 125,000 O d. Profit of RO 875,000
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