X and Y are partners sharing profits and losses in the ratio of 3:2 having the capital of Rs. 1,60,000 and Rs. 1,00,000 respectively. They are entitled to 9% p.a. interest on capital before distributing the profits. During the year, the firm earned Rs. 15,600 before allowing any interest on capital. Profits apportioned among X and Y is :

X and Y are partners sharing profits and losses in the ratio of 3:2 ha

1.	X and Y are partners sharing profits and losses in the ratio of 3:2 having the capital of Rs. 1,60,000 and Rs. 1,00,000 respectively. They are entitled to 9% p.a. interest on capital before distributing the profits. During the year, the firm earned Rs. 15,600 before allowing any interest on capital. Profits apportioned among X and Y is :
Answer» X and Y are partners sharing profits and losses in the ratio of 3:2 having the capital of Rs. 1,60,000 and Rs. 1,00,000 respectively. They are entitled to 9% p.a. interest on capital before distributing the profits. During the year, the firm earned Rs. 15,600 before allowing any interest on capital. Profits apportioned among X and Y is :

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