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Accountancy · 2023 · 1 mark

CBSE 2023 · Region 1 · Set 2 · Q15

Aman and Chaman are partners in a firm. On 1st July, $\displaystyle 2021$ Aman advanced a loan of ₹ $\displaystyle 6,00,000$ to the firm. There is no partnership deed. On 31st March, $\displaystyle 2022$, Aman was entitled to get the following amount as interest on loan :

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