On the basis of the following information received from a firm, its Proprietory Ratio will be:

Fixed Assets                           Rs. 3,30,000;

Current Assets                        Rs. 1,90,000;

Preliminary Expenses             Rs. 30,000;

Equity Share Capital               Rs. 2,44,000;

Preference Share Capital       Rs.  1,70,000;

Reserve Fund                         Rs. 58,000;

1
70%
2
80%
3
85%
4
90%
5
None of the above

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