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1 Q. 2. Manu and Kanu …

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1 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, 2 months ago

CBSE > Class 12 > Accountancy

2 answers

Santosh Sharma 1 year, 2 months ago

₹ 20,000

Bhati Bhati 1 year, 2 months ago

20000

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