B accepted a bill from A for Rs. 16580. B becomes insolvent and was able to pay only 40 paise in the rupee as final settlement. Calculate the amount of bad debts
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Answer:
9948
Explanation:
Recover 40 paise = 40/100= 0.4
recover money = 16580 ×0.4= 6632
bad debts = total debts - recover debts
= 16580 - 6632
= 9948 rupees
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