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The total amount payable to a deceased partner is ₹125000. If ₹25000 has already been paid, how much amount is still payable?

Answer and explanation

Correct answer: ₹100000

Remaining amount payable = Total amount payable − Amount paid = ₹125000 − ₹25000 = ₹100000. Therefore, option C is correct. The ₹95000 distractor results from making an incorrect subtraction. In such questions, subtract the amount already paid from the deceased partner’s total amount due.

Related tags

Deceased Partner ShareRetirement Of PartnerAmount PayablePartnership AccountingAccountancy Class 12Deceased Partner’s ShareDeceased Partner S ShareReconstitution Retirement Or Death Of A Partner

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