Tendulkar and Mukerjee are sharing profits in 2:3 ratio. On 1-4-16 their capital account showed balance of 30,000 and 50,000 respectively On 30-6-16 Tendulkar made contributions to his capital amounting 78,000 and on the same date Mukerjee contributed 10,000. On 1-10-16 Mukerjee withdrew 15,000 and he further deposited 7,000 on 28-2-17. On 31-10-16 Tendulkar withdrew 12.000 and on 1-3-17 he deposited 6.000. Find out interest on capital@ 12% for 2016-17.
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