Numerical - Calculate cash flow from investing activities

Q.  ABC Ltd had investment of Rs 68,000 as on 31.3.2013 and investment of Rs 56,000 as on 31.3.2014. During the year ABC Ltd sold 40% of its investments being held in the beginning of period at a profit of Rs 16,800. Determine cash flow from investing activities.
- Published on 14 Sep 15

a. Rs 59,200
b. Rs 28,800
c. Rs 72,800
d. None of the above

ANSWER: Rs 28,800

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