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On 1st April, 2013, Jay and Vijay entered into partnership for supplying laboratory equipment to government school situated in remote and backward areas. They contributed capitals of 80,000 and 50,000 respectively and agreed to share the profits in the ratio of 3 : 2. The partnership deed provided that Interest on Capital shall be allowed at 9% per annum. During the year, the firm earned a profit of 7,800. Net Profit of the firm after appropriations is:a)7,800b)4,800c)3,000d)NilCorrect answer is option 'D'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about On 1st April, 2013, Jay and Vijay entered into partnership for supplying laboratory equipment to government school situated in remote and backward areas. They contributed capitals of 80,000 and 50,000 respectively and agreed to share the profits in the ratio of 3 : 2. The partnership deed provided that Interest on Capital shall be allowed at 9% per annum. During the year, the firm earned a profit of 7,800. Net Profit of the firm after appropriations is:a)7,800b)4,800c)3,000d)NilCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On 1st April, 2013, Jay and Vijay entered into partnership for supplying laboratory equipment to government school situated in remote and backward areas. They contributed capitals of 80,000 and 50,000 respectively and agreed to share the profits in the ratio of 3 : 2. The partnership deed provided that Interest on Capital shall be allowed at 9% per annum. During the year, the firm earned a profit of 7,800. Net Profit of the firm after appropriations is:a)7,800b)4,800c)3,000d)NilCorrect answer is option 'D'. Can you explain this answer?.

Solutions for On 1st April, 2013, Jay and Vijay entered into partnership for supplying laboratory equipment to government school situated in remote and backward areas. They contributed capitals of 80,000 and 50,000 respectively and agreed to share the profits in the ratio of 3 : 2. The partnership deed provided that Interest on Capital shall be allowed at 9% per annum. During the year, the firm earned a profit of 7,800. Net Profit of the firm after appropriations is:a)7,800b)4,800c)3,000d)NilCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 12. Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.

Here you can find the meaning of On 1st April, 2013, Jay and Vijay entered into partnership for supplying laboratory equipment to government school situated in remote and backward areas. They contributed capitals of 80,000 and 50,000 respectively and agreed to share the profits in the ratio of 3 : 2. The partnership deed provided that Interest on Capital shall be allowed at 9% per annum. During the year, the firm earned a profit of 7,800. Net Profit of the firm after appropriations is:a)7,800b)4,800c)3,000d)NilCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of On 1st April, 2013, Jay and Vijay entered into partnership for supplying laboratory equipment to government school situated in remote and backward areas. They contributed capitals of 80,000 and 50,000 respectively and agreed to share the profits in the ratio of 3 : 2. The partnership deed provided that Interest on Capital shall be allowed at 9% per annum. During the year, the firm earned a profit of 7,800. Net Profit of the firm after appropriations is:a)7,800b)4,800c)3,000d)NilCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for On 1st April, 2013, Jay and Vijay entered into partnership for supplying laboratory equipment to government school situated in remote and backward areas. They contributed capitals of 80,000 and 50,000 respectively and agreed to share the profits in the ratio of 3 : 2. The partnership deed provided that Interest on Capital shall be allowed at 9% per annum. During the year, the firm earned a profit of 7,800. Net Profit of the firm after appropriations is:a)7,800b)4,800c)3,000d)NilCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of On 1st April, 2013, Jay and Vijay entered into partnership for supplying laboratory equipment to government school situated in remote and backward areas. They contributed capitals of 80,000 and 50,000 respectively and agreed to share the profits in the ratio of 3 : 2. The partnership deed provided that Interest on Capital shall be allowed at 9% per annum. During the year, the firm earned a profit of 7,800. Net Profit of the firm after appropriations is:a)7,800b)4,800c)3,000d)NilCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice On 1st April, 2013, Jay and Vijay entered into partnership for supplying laboratory equipment to government school situated in remote and backward areas. They contributed capitals of 80,000 and 50,000 respectively and agreed to share the profits in the ratio of 3 : 2. The partnership deed provided that Interest on Capital shall be allowed at 9% per annum. During the year, the firm earned a profit of 7,800. Net Profit of the firm after appropriations is:a)7,800b)4,800c)3,000d)NilCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Class 12 tests.