Question

Vidit and Seema were partners in a firm sharing profits and losses in the
ratio of 3 : 2. Their capitals were 1,20,000 and 2,40,000, respectively.
They were entitled to interest on capitals @ 10% p.a. The firm earned a
profit of 18,000 during the year. The interest on Vidit's capital will be :
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Answer 1

Explanation:

ratio 3:2

capital 120000+240000

capital =360000

intrest on capital 360000×10/100

=36000

vidit 36000×3÷5

vidit 21600

seema 36000×2÷5

seema 14400