A partner Varun, took 60% of the furniture at a discount of 10%. The remaining amount was sold at a profit of 20% of the cost. The book Value of the furniture was Rs 6,00,000. The amount debited to Bank would be -

₹2,88,000 ₹3,24,000 ₹2,40,000 ₹6,12,000

₹2,88,000

Varun takes over - 6,00,000 * 60% = 3,60,000 Remaining Furniture - 2,40,000 sold at 2,40,000 + (2,40,000*20%)48,000 = 2,88,000 debited to bank