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Question 114 Accountancy 2022 Medium MCQ +5.00 marks · -1.00 negative
From the following information, calculate interest on capital of C, a partner for the year ended 31st March, 2022: C's Capital on 31/03/2022: ₹12,00,000 Profit credited to C for the year ended 31/03/2022: ₹ 3,00,000 Drawings made during the year: ₹ 1,00,000 Additional Capital introduced on 01/10/2021: ₹5,00,000 Rate of interest: 12% p.a.

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