Question

A debtor can pay 78 paise in the rupee, but if his creditors would take 25% of his debts, he could pay them and have Rs 48 left. His debts and assets respectively are

A 1,600 and 1,248
B 1,600 and 1,428
C 2,400 and 1,248
D 1,200 and 1,400
E None of these
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