Home › CA Foundation › accountancy › Partnership › Opening capital ₹1,00,000; additional ₹50,000 in…
Opening capital ₹1,00,000; additional ₹50,000 introduced after 6 months; interest at 10% p.a. Total interest on capital is
A₹7,500
B₹10,000
C₹15,000
D₹12,500
Answer & Solution
Correct answer: D. ₹12,500
On 1,00,000 for full year: 10,000. On 50,000 for 6 months: 50,000×10%×6/12 = 2,500. Total = ₹12,500.
Related questions
A car uses 4 litres of petrol for 60 km. Its mileage in km per litre is:A man covers a distance in 6 hours at 40 km per hour. To cover it in 4 hours he must traveA man travels equal distances at 40 km per hour and at 60 km per hour. His average speed iA train 200 m long crosses a 100 m platform at 36 km per hour. It takes:A train 150 m long runs at 54 km per hour. The time it takes to pass a pole is:A car covers 300 km at 50 km per hour. At 75 km per hour the same trip would take:Zaheeda doubles her speed on the same route. The time she takes:A journey takes 120 km at a steady 60 km per hour. The time taken is: