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X and Yarepartnerssharing profitsand lossesin theratioof 2:3withcapitalsof2,00,000 andRs. 3,00,000respectivelyon1stoctober, 2018X and Ygaveloans of Rs. 80,000andRs,. 40,000respectively to the followingalternativecases : Case1. if theprofitbefore interestfor the yearamounted to Rs. 21,000 . Case 2.if theprofit beforeinterestfor theyearamountedto Rs. 3,000. Case 3.if theprofits before interestfo theyear amounted to Rs. 5,000. case 4.if thelossbeforeinterestfor theyearamounted to Rs. 1,400. |
Answer» <html><body><p><br/></p>Solution :<a href="https://interviewquestions.tuteehub.com/tag/intereston-2132068" style="font-weight:bold;" target="_blank" title="Click to know more about INTERESTON">INTERESTON</a> <a href="https://interviewquestions.tuteehub.com/tag/partner-1148214" style="font-weight:bold;" target="_blank" title="Click to know more about PARTNER">PARTNER</a>'s <a href="https://interviewquestions.tuteehub.com/tag/loanand-2797337" style="font-weight:bold;" target="_blank" title="Click to know more about LOANAND">LOANAND</a> rateis achargeagainst <a href="https://interviewquestions.tuteehub.com/tag/profit-1168589" style="font-weight:bold;" target="_blank" title="Click to know more about PROFIT">PROFIT</a> .</body></html> | |