salman has rs. 50,000 in his bank account. he has taken a loan of rs. 30,000 from his bank. he has also invested rs. 40,000 in shares. how much is his total liability?

Salman's total liability consists of the loan he has taken from the bank. The amount invested in shares is an asset, not a liability. Therefore, his total liability is the loan amount only.

• Loan taken from bank: Rs. 30,000
• Investment in shares: Rs. 40,000 (asset, not liability)
• Bank account balance: Rs. 0 (asset)

Hence, total liability = Rs. 30,000 (loan) only

. Investments do not count as liabilities because liabilities represent amounts owed to others, such as loans or debts