Question : A, B and C are partners, sharing profits in the ratio 5:3:2 with fixed capital of Rs.80,000, Rs.60,000 and Rs.20,000 respectively. Partners are entitled to interest on their capital @ 10% p.a. During the year firm earned a profit of Rs.11,200. The amount of interest on capital payable to A, B and C will be:

Option 1: Rs.4,000, Rs.3,000, Rs.2,000

Option 2: Rs.5,600, Rs.4,200, Rs.1,400

Option 3: Rs.8.000, Rs.6,000, Rs.2,000

Option 4: Rs.1,400, Rs.4,200, Rs.5,600

Question : A and B are equal partners with capitals of Rs.2,00,000 and Rs.1,00,000 respectively. As per deed, they are allowed an interest @ 8% p.a. on capital. During the year, the firm earned a profit of Rs.12,000. Interest on capital allowed to A and B will be:

Question : X and Y are partners with capitals of Rs 3,00,000 and 2,50,000, respectively. They are entitled to interest on capital @ 6% p.a. The Firm earned a profit of Rs 55,000 after charging interest on capital. If the manager is entitled to 10% of net profit before charging his

Question : X and Y are partners with capitals of Rs 3,00,000 and 2,50,000, respectively. They are entitled to interest on capital @ 6% p.a. The Firm earned a profit of Rs 55,000 after charging interest on capital. If the manager is entitled to 10% of net profit after charging his

Question : X and Y are partners with capitals of Rs 3,00,000 and 2,50,000, respectively. They are entitled to interest on capital @ 6% p.a. The Firm earned a profit of Rs 55,000 after charging interest on capital. If the manager is entitled to 10% of net profit after charging his

Question : X and Y are partners with capitals of Rs 3,00,000 and 2,50,000, respectively. They are entitled to interest on capital @ 6% p.a. The Firm earned a profit of Rs 55,000 after charging interest on capital. If the manager is entitled to 10% of net profit before charging his