A debtor can pay 87 paise in the rupee, but if his creditors would tale 10% of his debts, he could pay them and have Rs. 42 left. His debts and assets respectively are
(a)
Rs.400, Rs. 520
(b)
Rs. 500, Rs. 521
(c)
Rs.600,Rs.522
(d)
Rs. 1000, Rs. 525
A debtor can pay 87 paise in the rupee, but if his creditors would tale 10% of his debts, he could pay them and have Rs. 42 left. His debts and assets respectively are
(a)
Rs.400, Rs. 520
(b)
Rs. 500, Rs. 521
(c)
Rs.600,Rs.522
(d)
Rs. 1000, Rs. 525
Question ID - 57108 | SaraNextGen Top Answer
A debtor can pay 87 paise in the rupee, but if his creditors would tale 10% of his debts, he could pay them and have Rs. 42 left. His debts and assets respectively are
(a)
Rs.400, Rs. 520
(b)
Rs. 500, Rs. 521
(c)
Rs.600,Rs.522
(d)
Rs. 1000, Rs. 525
|
A debtor can pay 87 paise in the rupee, but if his creditors would tale 10% of his debts, he could pay them and have Rs. 42 left. His debts and assets respectively are |
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(a) |
Rs.400, Rs. 520 |
(b) |
Rs. 500, Rs. 521 |
(c) |
Rs.600,Rs.522 |
(d) |
Rs. 1000, Rs. 525 |
|
1 Answer
127 votes
Answer Key / Explanation : (c) -
Let total debt= 
Asset = 
After paying 20% of the debt, he is left with 80% of the debt plus Rs. 42.
80% of 
+ 42 = 
So, debt = Rs. 600 and assets = Rs. 
Rs. 522.
127 votes
Answer Link
127