8 and were Partners with capital of 50,000, 40,000 and 30,000 respectively carrying on business in partnership. The firm's reported profit for the year was 80,000. As per provision of the Indian Partnership Act, 1932 find out the share of each partner in the above amount after taking into account that no interest has been provided on an advance byt of 20.000 in addition to his capital contribution (A) 26,267 for Partner B and Cand 27466 for Partner (B) 26,667 each partner (0) 33333 for A *26,667 for B
and 20,000 for C (D) 30,000 each partner
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