Capitals are A 50,000, B 30,000, sharing equally. After a loss of 20,000, what is A's capital?
A30,000
B40,000
C50,000
D60,000
Answer & Solution
Correct answer: B. 40,000
A bears 10,000 of the loss, so 50,000 less 10,000 leaves 40,000.
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