Question. 37 Calculate interest on capital of Mr. Rishi @ 8% p.a. as on 31.03.2021. His Fixed capital balance as on 31.03.2021 is 5,00,000 Additional capital introduced on 01.07.2020 is * 1,00,000 Drawing against profit on 01.10.2020 is 60,000 (a) 40,000 (6) 38.000 (c) 40,400 Question. 38 (d) 46,000
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b)38,000
is the right answer
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