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Available amount is Rs 170000. Interest on capital claim is Rs 70000 and salary claim is Rs 120000. If no order is given how much salary will be allowed?

Answer and explanation

Correct answer: About Rs 107368

Total claim is Rs 190000 and salary share is twelve nineteenth. Twelve nineteenth of Rs 170000 is about Rs 107368.

Related tags

Proportionate AppropriationSalaryInsufficient ProfitProfit DistributionPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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