Question

A business owner invests ₹10 lakh cash and machinery worth ₹5 lakh into the business. The business also borrows ₹3 lakh from the bank. What is the total assets of the business?

A ₹15 lakh
B ₹13 lakh
C ₹18 lakh
D ₹8 lakh
E ₹20 lakh
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