Question

i) If total Assets are Rs. 50,000 and liabilities are 20% assets, then capital is
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Answer 1

Answer:

Capital is ₹40000

Explanation:

Liabilities=20% of ₹50000

=>Liabilities=₹10000

Therefore, using Asset=Liabilities+Capital

we get, 50000=10000+Capital

=>Capital=40000

Hence, Capital is ₹40000