Question

2. Baban 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 Cash
Recovered. *​

Answer 1

Answer:

Given:

Amount recovered =35 paise / rupee

value of bill = Rs.28,000

To find: Total recovered amount.

Amount recovered = 35/100×28000

=35×280

=Rs.9,800