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As capital remained Rs 60000 for three months Rs 90000 for six months and Rs 120000 for three months. What is average capital?

Answer and explanation

Correct answer: Rs 90000

Calculate time weighted average. Total capital months are Rs 1080000 and dividing by twelve gives Rs 90000.

Related tags

Average CapitalTime WeightedCapital MonthsCapital AccountsPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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