Question

Reema and Anish are partners with capital of 50,000 and 80,000 on April 2013, respectively. Reema introduced additional capital of 50,000 on 1st Jan 2014. calculate interest on capital @10 p.a. on March 31 2014​

Answer 1

✨✨GIVEN ÷

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OPENING CAPITAL OF REEMA =>₹ 50,000

OPENING CAPITAL OF ANISH =>80,000

1 JAN 2014 ---- REEMA INTRODUCE NEW CAPITAL ₹ 50,000

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✨✨CONCEPT TO FIND OUT ÷

INTEREST ON CAPITAL => ?????

INTEREST RATE => @10%

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✨✨ SOLUTION ÷

INTEREST ON REEMA 'S CAPITAL

$= > 50000 \times 10\% \\ \\ = > 50000 \times \frac{10}{100} \\ \\ = > 5000rs \\ \\ \\ additional \: capital \: for \: 3 \: month \: = > 50000 \\ \\ 50000 \: \times 10\% \times \frac{3}{12} \\ \\ = > 1250rs$

$\fcolorbox{green}{yellow}{interest \: on \: capital = >5000 + 1250 = > 6250 }$

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Calculation of interest of anish

$anish \: capital \: = > 80000 \\ \\ interest = > 10\% \\ \\ interest \: on \: capital \: = > \\ \\ 80000 \times 10\% \\ \\ = > 8000rs$

$\fcolorbox{green}{orange}{interest \: on \: anish \: capital \: = > 8000rs}$

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Thanks ☺️