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Accountancy · 2026 · 1 mark

CBSE 2026 · Region 1 · Set 3 · Q6

Nidhi and Kunal were partners in a firm sharing profits and losses in the ratio of $\displaystyle 4$ : 1. Their capitals were ₹ $\displaystyle 3,00,000$ and ₹ $\displaystyle 2,00,000$ respectively. They were entitled to interest on capital @ $\displaystyle 6$% p.a. The firm earned a profit of ₹ $\displaystyle 15,000$ during the year. Interest on partners' capitals will be :

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