Question

X and Y are partners in the ratio of 3:2. Their capitals are Rs. 2,00,000 and Rs. 1,00,000 respectively. Interest on capitals is allowed @8%p.a. Firm incurred a loss of Rs. 60,000 for the year ended 31st March 2019. Interest on Capital will be:

Answer 1

Answer:

HERE'S YOUR ANSWER IN THE PHOTO

HERE'S YOUR ANSWER IN THE PHOTO

HERE'S YOUR ANSWER IN THE PHOTO