Q. 3. X, Y and Z are partners in a firm. Their Capitals as on April 1, 2016 were
35,00,000; 34,00,000 and 33,00,000 respectively. On July 1, 2016 they introduced
further Capitals of 31,00,000; 580,000 and 350,000 respectively. On February 1, 2017
Y withthrew 15,000 from his Capital. Interest is to be allowed @ 8% p.a. on the
Capitals. Compute interest on Capitals for the year ending March 31, 2017.
Tans Interest on
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Answer:
For X 256000
For Y 102800
For Z 261667
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