Accountancy, asked by munishanagal, 6 months ago

Rani and Suman are in partnership with capitals of Rs.80,000 and Rs.60,000 respectively at the end of the year. During the year 2006-2007, Rani withdrew Rs.10,000 from her capital and suman Rs.15,000. Profits before charging interest on capital was Rs.50,000. Ravi and suman shared profits in the ratio 3:2. Calculate the amounts of interest on their capitals @12%p.a. for the year ended 31st, 2007.​

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Answered by Anonymous
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