Accountancy, asked by paridhi2906, 1 month ago

Ranjit and surjit share profits in 2:1 ratio. Ranjit gave loan 30000 to the firm on 1st April 2018. and surjit gave loan 50000 on 1st October 2018. find out interest on loan for the year ended 31st March 2019 assuming there is no agreement.

Answers

Answered by iamarider1

5

Answer:

Interest on Loan:

Ranjit (for one year) = 30,000*6/100 = Rs.1800

Surjit (for 6 months) = 50,000*6/100*6/12 = Rs.1500

Previous Question

Next Question

Similar questions

English, 18 days ago

write about dolphins????

Hindi, 18 days ago

Q1. Which of these statements about Sardar Vallabh Bhai Patel is correct? a) He was first Prime Minister and Defence Minister, b) Patel approach to the merger of Princely State was very clear. c) Patel faced key challenges of integration from 3 states Hyderabad, Rajputana, Junagadh. d) Patel is popularly characterized as NPR of the Indian political leaders.

Math, 18 days ago

√(x + 3)+√(x - 3)=6, solve x (please solve it in step by step and please don't spam)...

Physics, 1 month ago

C. State whether the following statements are True or False. Correct the false statements. 1. a material cannot exist in more than one state...

Social Sciences, 1 month ago

differenceat between rajya and lok sabha?

Science, 8 months ago

what do you means by the term seeling?

Physics, 8 months ago

explain how land and sea breeze originate...

Math, 8 months ago

(-19\5) lies between which integer (-19\5) lies between which integer...