Practicing Success
How much amount will be paid to A, if his opening capital is Rs3,00,000 and his share of realisation profit amounts to Rs100,000 and he has taken over assets valuing Rs25,000 from the firm? |
₹400000 ₹425000 ₹375000 None of the above |
₹375000 |
3,00,000+1,00,000-25,000=3,75,000 |