Question

A,B and C are partners with a fixed capital of Rs.200000,Rs. 450000 and Rs.100000 respectively. They share profit upto Rs 36000 in their capitals ratio and rest in equal proportion, A advanced Rs.50000 as loan. The partnership deed provided as under:
1) Intrest on capital @5%p.a and intrest on drawing @3%​

Answer 1

Answer:

200000/5

40000 on 5%

450000/5

90000on 5%

100000/5

20000 on 5℅

36000/5

7200 on 5%

200000:7200::90000:20000 is the proportion on 5%