Question

ᴇxᴘʟᴀɪɴ ᴛʜᴇ ꜱᴏʟᴜᴛɪᴏɴ ꜰʀᴏᴍ 2ɴᴅ ꜱᴛᴇᴘ.​

Answer 1

Answer:

you have to let the current assets as X

current ratio is equals to current assets divide by current liabilities

3by1 equals to rs 4lakhs +X divide by 2lakhs +X

now you have to cross multiple

as shown

means 3 into 2lakhs and

1 means x so

x into 4lakhs

then we have to do transposing method

means with X to X and with lakhs to lakhs

3x -x equals to 4lakhs minus 2 lakhs

2x is equal to 2 lakhs

2 divide by 2lakhs

1 lakhs

therefore the current assets is 1lakhs

hope it will help you

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Answer 2

Answer :

There's a little mistake in the solution

Correction ⬇️

Let the current assets to be acquired = X

$Current \: Ratio = \: \frac{Current Assets}{Current Liabilities}$

$\frac{3}{1} = \frac{₹ \: 400000 \: + \: x}{ ₹\: 200000 \: + \: x}$

(As acquiring C.A. will increase both C.A. & C.L.)

3 × (₹2,00,000 + x) = ₹4,00,000 + x

₹6,00,000 + 3x = ₹4,00,000 + x

3x - x = ₹4,00,000 - ₹6,00,000

2x = -₹ 2,00,000

$x = \frac{₹ \: 200000}{2}$

x = ₹1,00,000

Hope it helps you ☺️✌