Q26. Gita and Rohan are 2 points partners sharing profit and loss in the ratio of 1:2 with capital of Rs 15,000 and Rs25,000 respectively. The partnership deed provides for interest on capital @ 6% p.a. The trading loss for the year ending 31st March 2016 was Rs 1,500. Amount of interest on capital of A & B was
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Explanation:
* Gita and Rohan are partners sharing profit in the Ratio. 1:2
* O/P capital of Gita and Rohan are 15,000 and 25,000
* total profit of the year ending/ 31st March 2016
RS 1,500
now find the I.O.C of both parents
look in paper/ photo
and your answer solved now
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