CBSE 2023 · Region 2 · Set 2 · Q13

Ram and Mohan were partners with fixed capitals of ₹ $\displaystyle 3,00,000$ and ₹ $\displaystyle 2,00,000$ respectively. As per their partnership deed, interest on capital was allowed @ $\displaystyle 10$% p.a. Net profit for the year ended 31st March, $\displaystyle 2022$ was ₹ $\displaystyle 30$,000. The amount of interest on capital was credited to each partner's current account for the year ended 31st March, $\displaystyle 2022$ was :

OR

Anu, Bindu and Siya were partners in a firm sharing profits and losses in the ratio of $\displaystyle 2$:$\displaystyle 2$:1. Siya was guaranteed that her share of profit will not be less than ₹ $\displaystyle 50$,000. The firm's profit for the year ended 31st March, $\displaystyle 2022$ was ₹ $\displaystyle 2,00$,000. The amount of deficiency to be borne by Anu was :