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A and B are partners sharing profits in 3 : 2 with capitals of 6,00,000 and ₹4,00,000 respectively. They are entitled to interest on their capitals @10% p.a. and A is also entitled to a rent of 10,000 per month for use of his property by the firm. Net Profit earned by the firm for the year ended 31st March 2020 was 3,00,000
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