If closing capital of a partner is Rs.60,000. which includes Rs.20,000 Drawings and Rs. 25,000
share from profit. Calculate amount of interest on capital @ 5%p.a.
(a) Rs.2.400
(b) Rs.3,300
(c) Rs.3,600
(d) Rs.3,900
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it is not matching with the any of the given options but as per me this should be the answer based on the figures supplied by you.
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