16. (Interest on loan) Ranjit and Surjit share profit in 2:1 ratio. Ranjit gave loan rupees 30000 to the firm on 1st April, 2018 and Surjit gave loan rupees 50000 on 1st October, 2018. find out interest on loan for the year ended 31st March, 2019,assuming there is no agreement.
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McPherson 6cm post each IDK
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