Question

AKRAM LEFT A WEALTH OF RS 780000. HIS HEIR IS A WIDOW 3 SONS AND 4 DAUGHTERS CALCULATE THE SHARE OF EACH ONE IF THE FUNERAL EXPENSES IS RS 30000AND A LOAN OF RS 50000IS DUE TO HIM

Answer 1

87,500

Explanation:

Given :

Total wealth = 780000

Number of heirs = 8

Funeral cost = 30000

Loan = 50000

Net Wealth left : (780000 - (30000 + 50000))

= 780000 - 80000

= 700000

Amount shared:

700000 / 8

= 87,500