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investment property income

AAlisha5y ago
hello sir in bbp september 2020 to june2021 practise kit, question number 296 , in investment property income , the book answer is (60000-20000) . what is that 20000 ? why have they deducted it from 60000? thankyou in advance
P2-D2P2-D2Tutor5y ago#1
Is that not the original value of the IP and if it is now worth 60,000 then the increase in value is the 40,000 (i.e. 60,000 - 20,000). Thanks
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