1.

A and B are partners in a firm sharing profits and losses equally . Their capitals on 1st April 2020 were Rs 4,80,000 and Rs 5,40,000. On 1st October 2021 ,they decided that the total capital of the firm should be Rs 10,00,000 to be contributed equally by both of them . According to the partnership deed , interest on capital is allowed to the partners @ 6% p.a. calculate interest on capital. *​

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