A motor car purchased for $ 80,000 whose book value is $ 48,000 sold for $ 100000. Capital profit is ?

the right answer is (b)

Capital Profit is being asked:

 i.e. An increase in the value of a capital asset that gives it a higher worth than the purchase price.

(b)$20,000

b) you dont's need to worry with the book value !

THE ANSWER IS20000

I agree with  Labib. Capital gain is $20000.

Answer B. Capital profit is20,000. Thanks Mr.Vridavan for the invitation to answer. :)

$ the correct is  b  20,000  

Here20000 is capital profit.

When Motor car purchased $80,000 then book value $48000 then capital Loss $32,000

Now book value $48,000 and sales value $100,000

So capital profit will be (100,000-80,000)= $20,000.

the answer is20000

B. is correct