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Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Dissolution of a Partnership Firm › Creditors of Rs.20,000 are paid 2% less. How muc…

Creditors of Rs.20,000 are paid 2% less. How much is paid to them?

ARs.20,400
BRs.19,800
CRs.19,000
DRs.19,600
Answer & Solution
Correct answer: D. Rs.19,600
2% of 20,000 is 400, so the payment is 19,600.
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