Deepti wants to buy a building for her business today.Which of the following is the relevant data for his decision ?
A
Similar business acquired the required building in 2,000 for Rs. 10,00,000
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Building cost details 2003
No worries! Weāve got your back. Try BYJUāS free classes today!
C
Building cost details 1998
No worries! Weāve got your back. Try BYJUāS free classes today!
D
Similar building cost in August,2005 Rs. 25,00,000
No worries! Weāve got your back. Try BYJUāS free classes today!
Open in App
Solution
The correct option is B Similar business acquired the required building in 2,000 for Rs. 10,00,000 This is the information which in identifying the historical cost of the building and now the price can be compared in present context.