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Accountancy · 2024 · 1 mark

CBSE 2024 · Region 4 · Set 1 · Q6

Vanya and Aanya were partners in a firm sharing profit and losses in the ratio of 3:2. Their capital were ₹ 5,00,000 and ₹ 1,00,000 respectively.…

Vanya and Aanya were partners in a firm sharing profit and losses in the ratio of $\displaystyle 3$:2. Their capital were ₹ $\displaystyle 5,00,000$ and ₹ $\displaystyle 1,00,000$ respectively. Vanya was entitled to interest on capital @ $\displaystyle 8$% p.a. and Aanya was entitled to salary @ ₹ $\displaystyle 5,000$ per month. The net profit before any appropriation was ₹ $\displaystyle 1,75$,000. Vanya's share in divisible profit will be :
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