Moli and Bholi contribute Rs 20,000 and Rs  10,000 respectively towards capital. They decide to allow interest on capital @ 6% p.a. Their respective share of profits is 2 : 3 and the net profit for the year is Rs 1,500. Show distribution of profits:

(i) where there is no agreement except for interest on capitals; and

(ii) where there is an agreement that the interest on capital as a charge.     (5 MARKS)