Question

69. X and Y are partners in the ratio of 3 : 2. Their capitals are 200000 and
1,00,000 respectively. Interest on capitals is allowed @ 8% p.a. Firm earned
a profit of $60,000 for the year ended 31st March 2019. Interest on Capital
will be :
(A) X 16,000; Y 78,000
(B) X 38,000; Y 34,000
(C) X 14,400; Y 39,600
(D) No Interest will be allowed
HOTS​

Answer 1

Answer:

Dino interest will be allowed