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Ram and Mohan were in partnership sharing profits and losses in ratio of 3:2. Investments stood in Balance Sheet at ₹1,40,000 on dissolution of firm.
Question

Ram and Mohan were in partnership sharing profits and losses in ratio of 3:2. Investments stood in Balance Sheet at ₹1,40,000 on dissolution of firm. Ram took over some of Investments at ₹8,100 (book value less 10%) while remaining investment were taken over by Mohan at 90% of book value less ₹900 discount. At what value, did Mohan take over investment?

A.

₹1,17,810

B.

₹1,17,081

C.

₹1,17,000

D.

₹1,17,180

Correct option is C

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CUET 2025 English Language Mock 01

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