A machinery of Rs. 3,000 was sold for Rs. 4200. Depreciation provision to date was Rs. 400, commissi….

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A machinery of Rs. 3,000 was sold for Rs. 4200. Depreciation provision to date was Rs. 400, commission paid to the selling agent was Rs. 420 and wages paid to the workers for removing the machine were Rs. 30. In this case, profit on sale of machinery will be

Options :-

1. Rs. 1,200
2. Rs. 1,000
3. Rs. 1,150
4. None of these

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