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As capital was Rs 40000 for four months Rs 70000 for next four months and Rs 100000 for last four months. What is average capital?

Answer and explanation

Correct answer: Rs 70000

All three amounts remained for equal time. Average of Rs 40000 Rs 70000 and Rs 100000 is Rs 70000.

Related tags

Average CapitalTime WeightedNumericalCapital AccountsPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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