Question

What is mean by interest on capital ​

Answer 1

Answer:

Interest on capital can simply be explained as the amount received by an owner of capital in addition to his principal for investing in a particular opportunity. The interest on capital can also be looked at from the angle of being a compensation to the owner of capital for taking an investment decision.

Explanation:

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Answer 2

Interest on capital can simply be explained as the amount received by an owner of capital in addition to his principal for investing in a particular opportunity. The interest on capital can also be looked at from the angle of being a compensation to the owner of capital for taking an investment decision.

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