Question

A and B started partnership forms on 1st January 2016 with the capital of rupees 300000 and Rs 120000 respectively on 1st April B introduced Rupees 80000 as father capital will a withdrew rupees 50000 on 1st July 2016 from the business compute interest on capital of the partner for the year ending 2016 assuming rate of interest is 9% per annum​

Answer 1

Answer:

hello dear,

Explanation:

A's Capital: Rs.

Interest on Rs.6,00,000 for one year:    (Rs.6,00,000×  

100

10

​  

)

Interest on Rs.1,00,000 for 6 months:    (Rs.1,00,000×  

12

6

​  

×  

100

10

​  

)

(from 1st October, 2017 to 31st March, 2018) 60,000

  5,000

65,000

Interest on B's Capital:

Interest on Rs.4,00,000 for one year       Rs.4,00,000×  

100

10

​  

               Rs.40,000

i hope it helps u