A firm owes Rs 300 crore, sells a division for Rs 80 crore and repays debt. Debt left?
ARs 180 crore
BRs 240 crore
CRs 380 crore
DRs 220 crore
Answer & Solution
Correct answer: D. Rs 220 crore
Divestiture proceeds repay debt directly, so 300 minus 80 leaves Rs 220 crore.
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