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Accountancy · 2026 · 1 mark

CBSE 2026 · Region 3 · Set 2 · Q2

Divya and Bholi were partners in a firm sharing profits and losses in the ratio of $\displaystyle 3$ : 1. On 1st April, $\displaystyle 2024$, their fixed capitals were ₹ $\displaystyle 8,00,000$ and ₹ $\displaystyle 6,00,000$ respectively. On 30th September, $\displaystyle 2024$, Bholi introduced ₹ $\displaystyle 50,000$ as additional capital. Partnership deed provided that interest on capital will be allowed @ $\displaystyle 1$'2.% p.a. Interest on Bholi's capital for the year ended 31st March, $\displaystyle 2025$ was :

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