What is the value of Tangible Assets as on March 31, 2024? - Accountancy MCQ CUET Accountancy 2026 | ExamTest.live | ExamTest.live

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What is the value of Tangible Assets as on March 31, 2024?

A $15,00,000$
B $5,00,000$
C $20,00,000$
D $10,00,000$

Solution & Step-by-step Explanation

Let's find the value of Tangible Assets on March 31, 2024: Value in 2023 = 15 Lakhs Absolute Increase = 5 Lakhs Value in 2024 = Value in 2023 + Absolute Increase Value in 2024 = 15 + 5 = 20 Lakhs In standard notation, 20 Lakhs equals Rs. 20, 00, 000 .

Practice this question

Try it yourself before checking the explanation above.

What is the value of Tangible Assets as on March 31, 2024?

A

15,00,000

B

5,00,000

C

20,00,000

D

10,00,000

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