Accountancy, asked by advsanjaychandak, 6 months ago

X and Y are partners in the ratio of 3:2. their capitals are 2,OO,OOO and 1,OO,OOO. Interest on capital is allowed@8%. Firm earned a profit of 6O,OOO for the yr ended 31 March 2O19. Interest on capital will be??

Answers

Answered by vijaydurgavittanala1

0

Answer:

use simple interest formula PTR/100

Answered by jaswasri2006

0

Profit Remaining = 14,760

so ,

share of A = 7380

share of B = 7380

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