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Net plant rose from Rs 5,00,000 to Rs 5,40,000 after Rs 60,000 depreciation, no sales. Cash paid for plant is

ARs 40,000
BRs 1,40,000
CRs 1,00,000
DRs 1,60,000
Answer & Solution
Correct answer: C. Rs 1,00,000
Closing 540000 = opening 500000 + purchases - 60000, so purchases are 100000, an investing outflow.
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