Question

1 point
1. Amin had accepted a bill for
Rs. 28,000 and was declared
bankrupt. Only 35 paise in a
rupee was recovered from his
estate. Calculate the Bad
Debts. *
​

Answer 1

Answer:

Given:

Value of bill =Rs.28,000

Amount recovered = 35 paise/rupee(35/100)

To find:

Amount recovered =35/100 × 28000

=35×280

= Rs.9,800

Bad debt = Total amount - Amount

recovered

= 28,000 - 9,800

• = Rs.18,200