X and Y are partners sharing profits in the ratio 3:2. Capital introduced by X and Y is ₹ 1,00,000 and ₹ 5,00,000 respectively. Interest on capital is allowed to partners @ 10%p.a. Profit of the firm for the year ending March 31st, 2025 is ₹ 30,000. Calculate Interest on Capital to be allowed to the partners.
Held on 16 May 2025 · Verified 13 Jul 2026.
20,000 ; 10,000
18,000 ; 12,000
5,000 ; 25,000
12,000 ; 18,000
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