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There are 250 members in the Srikrishna Clu b where annual subscription is 500. During 2016-17, subscription received 97,500 and subscription receivable is 47,500. What amount of subscription received in advance during 2016-17?

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Question:

There are 250 members in the Srikrishna Clu b where annual subscription is 500. During 2016-17, subscription received 97,500 and subscription receivable is 47,500. What amount of subscription received in advance during 2016-17?

A.

20,000

B.

25,000

C.

27,500

D.

50,000

Answer» a. 20,000

Note: The above multiple-choice question is for all general and Competitive Exams in India.