Question

kisi ko atta ho tho kar dana

Answer 1

hello..

Neelkant's opening capital = 1000000

Interest on capital @ 5% p.a. = 1000000×5%×1 = 50000

Mahadev's opening capital =

1000000

Interest on capital @5% p.a. =

1000000×5%×1 = 50000

( Note :- As given drawings is out of profit , then there will be no use of drawings as well as current a/c of both of them)

hope it helps