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Question
What will be the interest on capital for C @ 6% p.a for A, B and C who have invested ₹ 15,000, ₹ 25,000 and ₹ 30,000 and share profits in the ratio 1 : 2 : 3?
Options
₹ 900
₹ 1,500
₹ 1,800
Nil
MCQ
Solution
₹ 1,800
Explanation:
6% of 30,000 = ₹ 1,800
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Distribution of Profit Among Partners
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