The partnership deed provided that interest on capital will be allowed 10% p.a. The amount of interest on Ishita's capital will be:
A. ₹18,000
B. ₹16,000
C. ₹20,000
D. ₹10,000
Answer:C
The partnership deed provided that interest on capital will be allowed 10% p.a. The amount of interest on Ishita's capital will be:
A. ₹18,000 B. ₹16,000 C. ₹20,000 D. ₹10,000