Suman & Lata’s capital = ₹1,50,000 & ₹2,00,000. Interest = 8%
(i) Profit = ₹14,000
(ii) Profit = ₹60,000
(i) Profit = ₹14,000
(ii) Profit = ₹60,000
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Solution and Explanation
(ii) Full interest allowed = ₹28,000. Balance ₹32,000 shared 3:2
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