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X and Y contributed rupees 20000 and 10000 respectively towards the capital .they decide to allow and interest on capital @ 6% per annum their respective share of profit is to 2:3 and the net profit for the year is 1500 show the distribution of profit case one when there is no agreement except for IOC 2 when there is an agreement that interest on capital as a charge? 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 X and Y contributed rupees 20000 and 10000 respectively towards the capital .they decide to allow and interest on capital @ 6% per annum their respective share of profit is to 2:3 and the net profit for the year is 1500 show the distribution of profit case one when there is no agreement except for IOC 2 when there is an agreement that interest on capital as a charge? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X and Y contributed rupees 20000 and 10000 respectively towards the capital .they decide to allow and interest on capital @ 6% per annum their respective share of profit is to 2:3 and the net profit for the year is 1500 show the distribution of profit case one when there is no agreement except for IOC 2 when there is an agreement that interest on capital as a charge?.

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