Question

Ans. Rich
27. (Comprehensive Question on interest on capital)
Money and Rupee are partners sharing profit in ratio of 2 : 1. Their capital were 1,20,000
and * 90,000 respectively,
Show distribution of profit in each of the following cases :
Profit are * 45,000 and deed is silent as regards interest on capital.
Profits are 45,000 and deed provides for interest on Capital @ 10% p.a.
Profits are 16,800 and deed provides for interest on Capital @ 10% p.a.
Profits are 3 16,800 and deed provides for interest on capital @ 10% p.a. even if
there is loss.
Case E : Loss is * 6,000 and the deed provides for interest on capital @ 10% p.a. even if
there is a loss.
[Ans. Case A : Profit Money 830,000; Rupee 15000; Case B : Profit Money 16,000 rupee
8,000; Case C: Interest on capital Money 9,600; Rupee 7,200, Case D : Money Loss
* 2,800; Rupee 1,400; Case E : Loss Money 18,000 Rupee 9,000]
Case A :
Case B
Case C
Case D​

Answer 1

Answer:

tu go further raj fl unveil