Question:A debtor can pay `87` paise in the rupee, but if his creditors would take `20%` of his debts he could pay them and have Rs. `42` left. His debts and assets respectively are
A `Rs. 600, Rs. 522`
B `Rs. 500, Rs. 521`
C `Rs. 400, Rs. 520`
D `Rs. 1000, Rs. 525`
+ ExplanationLet the total debt = x.
Asset with him `= 87/(100) x.`
After paying `20%` of the debt, he is left with `80%` of the debt plus
Rs.` 42.`
`:. 80% of x + 42`
`= 87/(100) x or 87/(100) x - 80/(100) x`
`= 42 or x = 600.`
:. Debt `= Rs. 600 &` Assets
`= 87/100 xx 600`
`= Rs. 522.`