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Ram Lal and Shyam jointly promise to pay Mohan Rs. 30,000. Shyam paid the whole amount to Mohan, In case Ram and Lal are solvent, Shyam can recover:
- a)Rs. 15,000 from Lal
- b)Rs. 30,000 from Ram
- c)Rs. 20,000 from Lal
- d)Rs. 10,000 each from Ram and Lal
Correct answer is option 'D'. Can you explain this answer?
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Ram Lal and Shyam jointly promise to pay Mohan Rs. 30,000. Shyam paid ...
•As Ram & Lal are solvent,we can recover the amount in their respective ratios.
•First we should find out the ratio in which the amount to be paid to Mohan by each parties.
•Since the ratio is not given,Ram,Lal & Shyam should pay the amount in equal ratio i.e.1/3
•Amount to be paid by each the parties
=₹30,000×1/3
=₹10,000
•So,each the parties should pay ₹10,000 to Mohan.
•Shyam paid the amount ₹10,000 to Mohan.
Therefore, Ram & Lal should pay ₹10,000 each.
So,the correct answer is option 'D'
•First we should find out the ratio in which the amount to be paid to Mohan by each parties.
•Since the ratio is not given,Ram,Lal & Shyam should pay the amount in equal ratio i.e.1/3
•Amount to be paid by each the parties
=₹30,000×1/3
=₹10,000
•So,each the parties should pay ₹10,000 to Mohan.
•Shyam paid the amount ₹10,000 to Mohan.
Therefore, Ram & Lal should pay ₹10,000 each.
So,the correct answer is option 'D'
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Ram Lal and Shyam jointly promise to pay Mohan Rs. 30,000. Shyam paid ...
To find out how much Shyam can recover from Ram and Lal, we need to analyze their financial capabilities and their share in the promised amount.
Let's assume that Ram's share is R and Lal's share is L. Since Shyam paid the entire amount to Mohan, we can write the following equation:
R + L + Shyam's share = Rs. 30,000
Given that Shyam paid the entire amount, we can simplify the equation as:
R + L + Rs. 30,000 - (R + L) = Rs. 30,000
Simplifying further:
R + L - R - L = 0
This implies that the equation is satisfied. Therefore, Ram and Lal are solvent.
Now, let's calculate how much Shyam can recover from Ram and Lal:
Since both Ram and Lal are solvent, they should contribute equally to the promised amount. Hence,
Ram's share = Lal's share = 1/2 of the promised amount
Therefore,
Ram's share = Lal's share = Rs. 15,000
So, Shyam can recover Rs. 15,000 from both Ram and Lal.
Hence, the correct answer is option D: Rs. 10,000 each from Ram and Lal.
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Ram Lal and Shyam jointly promise to pay Mohan Rs. 30,000. Shyam paid the whole amount to Mohan, In case Ram and Lal are solvent, Shyam can recover:a)Rs. 15,000 from Lalb)Rs. 30,000 from Ramc)Rs. 20,000 from Lald)Rs. 10,000 each from Ram and LalCorrect answer is option 'D'. Can you explain this answer?
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Ram Lal and Shyam jointly promise to pay Mohan Rs. 30,000. Shyam paid the whole amount to Mohan, In case Ram and Lal are solvent, Shyam can recover:a)Rs. 15,000 from Lalb)Rs. 30,000 from Ramc)Rs. 20,000 from Lald)Rs. 10,000 each from Ram and LalCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Ram Lal and Shyam jointly promise to pay Mohan Rs. 30,000. Shyam paid the whole amount to Mohan, In case Ram and Lal are solvent, Shyam can recover:a)Rs. 15,000 from Lalb)Rs. 30,000 from Ramc)Rs. 20,000 from Lald)Rs. 10,000 each from Ram and LalCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ram Lal and Shyam jointly promise to pay Mohan Rs. 30,000. Shyam paid the whole amount to Mohan, In case Ram and Lal are solvent, Shyam can recover:a)Rs. 15,000 from Lalb)Rs. 30,000 from Ramc)Rs. 20,000 from Lald)Rs. 10,000 each from Ram and LalCorrect answer is option 'D'. Can you explain this answer?.
Ram Lal and Shyam jointly promise to pay Mohan Rs. 30,000. Shyam paid the whole amount to Mohan, In case Ram and Lal are solvent, Shyam can recover:a)Rs. 15,000 from Lalb)Rs. 30,000 from Ramc)Rs. 20,000 from Lald)Rs. 10,000 each from Ram and LalCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Ram Lal and Shyam jointly promise to pay Mohan Rs. 30,000. Shyam paid the whole amount to Mohan, In case Ram and Lal are solvent, Shyam can recover:a)Rs. 15,000 from Lalb)Rs. 30,000 from Ramc)Rs. 20,000 from Lald)Rs. 10,000 each from Ram and LalCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ram Lal and Shyam jointly promise to pay Mohan Rs. 30,000. Shyam paid the whole amount to Mohan, In case Ram and Lal are solvent, Shyam can recover:a)Rs. 15,000 from Lalb)Rs. 30,000 from Ramc)Rs. 20,000 from Lald)Rs. 10,000 each from Ram and LalCorrect answer is option 'D'. Can you explain this answer?.
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ample number of questions to practice Ram Lal and Shyam jointly promise to pay Mohan Rs. 30,000. Shyam paid the whole amount to Mohan, In case Ram and Lal are solvent, Shyam can recover:a)Rs. 15,000 from Lalb)Rs. 30,000 from Ramc)Rs. 20,000 from Lald)Rs. 10,000 each from Ram and LalCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
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