investment property income

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April 28, 2021 at 7:13 pm #619106
thapa7
Participant
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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
April 29, 2021 at 9:01 pm #619225
P2-D2
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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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