Accountancy, asked by aidenabrahamjacob123, 1 month ago

P,Q,R partners. Amount payable to R 2,17,000 was transferred to his loan amount. R agreed to receive Interest as per Partnership Act 1932. State the Rate of Interest to be paid to R.​

Answers

Answered by rishithreddynelaturi
0

Answer:

The rate of interest payable to R would be 6% per annum as per the provisions of Partnership Act, 1932.

Similar questions