If the opening capital is rupees 50000 on 1st April 2020 and additional
capital introduced rupees 10000 on January 1st 2021. Interest charged on
capital @ 10% per annum. the amount of interest on capital shown in
Profit and loss account as on March 31st 2021 will be.
a) Rs 5250
b) Rs 6000
c) Rs 4000
d) Rs 3000
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b is the answers
Explanation:
because it should be
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