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A and B are partners sharing profits and losses in the ratio
of 3:2 having the capital of
Rs. 80,000 and Rs. 50,000 respectively. They are entitled to
9% p.a. interest on capital
before distributing the profits. During the year firm earned
Rs. 7,800 after allowing
interest on capital. Profits apportioned among A and B is
(a) 4,680 and 3,120.
(b) 4,800 and 3,000.
(c) 5,000 and 2,800.
(d) None of the above.
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Answer Posted / mukesh sharma
option (a) is tge rght answer
| Is This Answer Correct ? | 18 Yes | 3 No |
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