Wealth Manager
5293 Points
Joined December 2008
Jaspreet is correct.
Answer no. 1 is 293,639/-
Workings:
Capital gain - Rs. 341,745/- (17,76,000 - 14,34,255)
Reinvesment / net sales x capital gain
250,000 / 17,76,000 x 341,745/- = Rs. 293,639/-
Answer no. 2 is 814,000/-
Workings:
Capital gain - Rs. 16,28,000/- (33,32,000 - 17,04,000)
Reinvesment / net sales x capital
15,00,000 + 166,000 / 33,32,000 x 1628,000/- = Rs. 814,000/-