Let total furniture value be x. Shaniya took 25% = 0.25x.
4,50,000 = 0.25x + 52,000 + 2,75,000
0.25x = 4,50,000 - 52,000 - 2,75,000 = 1,23,000
x = 1,23,000 / 0.25 = 4,92,000.
Shweta, Shreya and Shaniya were partners sharing profits in the ratio of 3 : 2 : 1. Shaniya retired from the firm and her capital, after making adjustments for reserves and gain of revaluation amounted to Rs. 4,50,000. Shaniya took 25% of the furniture, accepted bill of exchange for Rs. 52,000. Finally Rs. 2,75,000 was transferred to her loan account. The total value of furniture was :
Held on 28 May 2023 · Verified 13 Jul 2026.
Rs. 2,58,000
Rs. 3,60,000
Rs. 3,68,000
Rs. 4,92,000
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