Capital at the end of year 2012 was ₹ 100 crore and at the end of the 2013 was ₹ 110 crore. Depreciation during the year 2013 was ₹ 5 crore. Gross investment during 2013 is:
Capital at the end of the year 2012 was ₹ 100 crore and at the end of 2013 was ₹ 110 crore. Depreciation during the year 2013 was ₹ 5 crores. Gross investment during 2013 is:
Anurag Pathak Changed status to publish April 9, 2023
Ans – b)
Explanation:-
Gross investment is the capital invested during the year.
In other words, the addition to the present stock of investment during the year is called gross investments.
Thus
₹ 110 crore – ₹ 100 crore = ₹ 10 crore
Anurag Pathak Changed status to publish April 9, 2023