Question

Given : profit Rs.20,000, capital Rs. 1,00,000 and liabilities Rs. 50,000 then assets will be: a) Rs. 1,70,000 b) Rs.1,30,000 c) Rs. 70,000 d) Rs. 30,000

Answer 1

Answer:

170000

Explanation:

let assets be ₹x

we know that,

assets = capital + liability + profit

x = 100000 + 50000 + 20000

x = 170000

x = 170000

x = 170000