32. Jay, Het and Yash are partners sharing profit-loss in equal proportion. Their
capital is of 3,00,000. The proportion of their capital is 2:3:5. Firm pays 8
interest p.a. on the capital. Partner Het received 45,400 including interest on capa
Compute what amount inclusive of interest is received by Jay and Yash ?
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Answer:
300000 is divided into capital ratio that is 2:3:5
their capital should be 60000 ,90000, and 150000 respectively.
now interest on capital is 8% so
Jay 60000*8/100= 4800
Het 90000*8/100=7200
Yash 150000*8/100= 12000
Explanation:
Jay. Het. Yash
4800. 7200. 12000 ioc
+38200 +38200 + 38200profit (1:1:1)
=43000 = 45400. =50200
Jay will get 43000
Yash will get 50200
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