alleryStart learning →A firm has spent Rs 10 crore on a building, needs Rs 5 crore more, and can sell it for Rs 12 crore. Finish it?
AYes, it gains Rs 2 crore
BNo, it loses Rs 3 crore
CNo, it loses Rs 10 crore
DYes, it gains Rs 7 crore
Answer & Solution
Correct answer: D. Yes, it gains Rs 7 crore
The 10 crore is sunk; finishing costs 5 crore for a 12 crore sale, a gain of Rs 7 crore.
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