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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 5 · Set 2 · Q9
Nitya, Shreya and Ishita are partners in a firm. They share profits in the ratio of $\displaystyle 5$ : $\displaystyle 3$ : 2. Their fixed capitals are ₹ $\displaystyle 1,80,000$, ₹ $\displaystyle 1,60,000$ and ₹ $\displaystyle 2,00,000$ respectively. For the year ending 31st March, $\displaystyle 2022$, Nitya withdrew ₹ $\displaystyle 7,500$ at the end of every quarter. The partnership deed provided that interest on capital will be allowed @ $\displaystyle 10$% p.a. The amount of interest on Ishita's capital will be :
Official answer
From CBSE’s own marking scheme for this paper.
(C)
₹ $\displaystyle 20,000$
Marking-scheme solution
(C)
-- `$\displaystyle 20,000$
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CBSE Class 12 Accountancy past-paper question from the 2023board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.