20. Kabir bought a machine for ₹ 25,000 on which he spent ₹ 5,000 for carriage and freight, ₹ 1,000 for brokerage of the middleman, ₹ 3,500 for installation and ₹ 500 for an iron pad. The machine is depreciated @ 10% p.a. on Written Down Value basis. After three years, the machine was sold to Yash for ₹ 30,500 and ₹ 500 was paid as commission to the broker through whom the sale was affected. Find out the profit and loss on sale of machine.