The assets and liabilities of a firm were Rs. 40000 and Rs. 30000 respectively on 31st December, 2002. The firm was dissolved and the creditors were paid 60 paise to a rupee. Assuming all the liabilities are creditors, how much money did the creditors lose?
1
Rs. 10000
2
Rs. 12000
3
Rs. 18000
4
Rs. 22000