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1.while calculating list price of car, do we need to add taxes only or all revenue expenditure like insurance, maintenance and other running expenses etc to the actual price paid ?(when list price not given)
2.I bought a car for 5000. taxes 100. after few mnths some cost occured capital exp 2000 and revenue 1000. so if the costs occurred even after few months, do we need to add up all for calculation of list price, incase list price not given?
The list price will be given and should include the cost of accessories – it will not include revenue expenditure such as insurance, maintenance and other running expenses.
With respect your second point should not happen – you will not have capital expenditure incurred post the acquisition of the car – a car will not have an addition added to it.
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