Question

4 A and B entered into Partnership on 1st January
2011 Contributing 20,000 and 15,000 as Capital
A invested 10,000 as additional capital on 1 april,
whereas B brought additional Capital of
5,000 on 1st October. Interest on Capital @
5% P.a. Calculate interest on capital​

Answer 1

Explanation:

A invested 10,000 as additional capital on 1 april, whereas B brought additional Capital of 5,000 on 1st October. Interest ...