1 Q. 2. Manu and Kanu …
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Q. 2. Manu and Kanu were partners in a firm, sharing profits and losses in the ratio of 2:3. Their fixed capitals were ₹10,00,000 and ₹5,00,000, respectively. They were entitled to an interest on capital @ 10% p.a. The firm earned a profit of 60,000 during the year. The amount of interest on capital credited to Kanu will be:
(A) 20,000
326.000
(B) 40,000
Posted by Bhati Bhati 1 year, 9 months ago
- 2 answers
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Santosh Sharma 1 year, 9 months ago
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