CBSE 2025 · Region 6 · Set 1 · Q11

Ashok and Avinash were partners in a firm sharing profits and losses in the ratio of $\displaystyle 3$ : 2. On 1st April, $\displaystyle 2023$, their capitals were ₹ $\displaystyle 10,00,000$ and ₹ $\displaystyle 15,00,000$ respectively. After the accounts for the year ending 31st March, $\displaystyle 2024$ were prepared, it was discovered that interest on capital at the rate of $\displaystyle 10$% per annum, as provided for in the partnership deed, was not credited to the partne is' capital accounts before distribution of profits. Had the interest on capital been duly provided, the firm's divisible profit would have :