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The following details are related to Nihal's Company for the financial year 2010. The Monetary assets as on 1st January 2010 amounted to R0 35,000. Monetary assets as on 31st December 2010 amounted to R0 47,000. Monetary liabilities as on 1st January 2010 amounted to R0 40,000. Monetary liabilities as on 31st December 2010 amounted to R0 60,000. Retail price index stood at 200 at the beginning of the year. Retail price index stood at 300 at the end of the year. Average Retail price index is 240. The gain/loss on monetary assets and liabilities is O a. Monetary gain on assets is R0 22000 and loss on Monetary liabilities is R0 19900 O b. Monetary loss on assets is R0 19900 and gain on Monetary liabilities is R0 24,000 0 0. None of the options listed is true 0 d. Monetary gain on assets is R0 19900 and loss on Monetary liabilities is R0 22,000