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in Accounts of Partnership Firms-Fundamentals by (48.4k points)
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A and B are partners, sharing profits and losses in an equal ratio with Capital of Rs. 50,000 and Rs 40,000 on 1.4.2017. On 1st July 2017, A introduced Rs 10,000 as his additional capital, where B introduced only Rs 1,000. Interest 10% p.a. Calculate interest on capital.

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= 1000 + 3075 = Rs. 4,075

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