alleryStart learning →Principal market price is Rs 80 (other market Rs 90). Transport Rs 6, transaction costs Rs 4. Fair value?
ARs 74
BRs 70
CRs 84
DRs 80
Answer & Solution
Correct answer: A. Rs 74
The principal market price of 80 is used, less transport cost of 6, giving 74; transaction costs are not deducted and the Rs 90 market is ignored.
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