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X, Y, and Z are partners in a firm. At the time of division of profit for the year, there was dispute between the partners. .Profit before interest on partner’s capital was rs6,000 and Y determined interest @24% p.a. on his loan of rs80,000. There was no agreement on this point. Calculate the amount payable to X, Y, and Z respectively.
rs2,000 to each partner.
Loss of rs4,400 for X and Z; Twill take rs14,800.
rs400 for A, rs5,200 for Land rs400 for Z.
None of the above.
By: santosh ProfileResourcesReport error
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