Ramesh who owed us rupees 500 became bankrupt and paid up 50 paise in a rupee.
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Answer:
This means Ramesh paid us 250 rupees
This is because:
50 paise = 0.5 rupees
50 paise / 100 paise= 0.5
0.5 x 500 = 250 rupees
Explanation:
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