Question Description
X, Y and Z are partners in a firm. At the time of division of profit for the year there was dispute between the partners. Profits before interest on partner’s capital was Rs. 6,000 and Y determined interest @ 24% p.a. on his loan of Rs. 80,000. There was no agreement on this point. Calculate the amount payable to X, Y and Z respectively.a)Rs. 2,000 to each partner.b)Loss of Rs. 4,400 for X and Z & Y will take home Rs. 14,800.c)Rs. 400 for X, Rs. 5,200 for Y and Rs. 400 for Z.d)Rs. 2,400 to each partner.Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
according to
the CA Foundation exam syllabus. Information about X, Y and Z are partners in a firm. At the time of division of profit for the year there was dispute between the partners. Profits before interest on partner’s capital was Rs. 6,000 and Y determined interest @ 24% p.a. on his loan of Rs. 80,000. There was no agreement on this point. Calculate the amount payable to X, Y and Z respectively.a)Rs. 2,000 to each partner.b)Loss of Rs. 4,400 for X and Z & Y will take home Rs. 14,800.c)Rs. 400 for X, Rs. 5,200 for Y and Rs. 400 for Z.d)Rs. 2,400 to each partner.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam.
Find important definitions, questions, meanings, examples, exercises and tests below for X, Y and Z are partners in a firm. At the time of division of profit for the year there was dispute between the partners. Profits before interest on partner’s capital was Rs. 6,000 and Y determined interest @ 24% p.a. on his loan of Rs. 80,000. There was no agreement on this point. Calculate the amount payable to X, Y and Z respectively.a)Rs. 2,000 to each partner.b)Loss of Rs. 4,400 for X and Z & Y will take home Rs. 14,800.c)Rs. 400 for X, Rs. 5,200 for Y and Rs. 400 for Z.d)Rs. 2,400 to each partner.Correct answer is option 'C'. Can you explain this answer?.
Solutions for X, Y and Z are partners in a firm. At the time of division of profit for the year there was dispute between the partners. Profits before interest on partner’s capital was Rs. 6,000 and Y determined interest @ 24% p.a. on his loan of Rs. 80,000. There was no agreement on this point. Calculate the amount payable to X, Y and Z respectively.a)Rs. 2,000 to each partner.b)Loss of Rs. 4,400 for X and Z & Y will take home Rs. 14,800.c)Rs. 400 for X, Rs. 5,200 for Y and Rs. 400 for Z.d)Rs. 2,400 to each partner.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of X, Y and Z are partners in a firm. At the time of division of profit for the year there was dispute between the partners. Profits before interest on partner’s capital was Rs. 6,000 and Y determined interest @ 24% p.a. on his loan of Rs. 80,000. There was no agreement on this point. Calculate the amount payable to X, Y and Z respectively.a)Rs. 2,000 to each partner.b)Loss of Rs. 4,400 for X and Z & Y will take home Rs. 14,800.c)Rs. 400 for X, Rs. 5,200 for Y and Rs. 400 for Z.d)Rs. 2,400 to each partner.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
X, Y and Z are partners in a firm. At the time of division of profit for the year there was dispute between the partners. Profits before interest on partner’s capital was Rs. 6,000 and Y determined interest @ 24% p.a. on his loan of Rs. 80,000. There was no agreement on this point. Calculate the amount payable to X, Y and Z respectively.a)Rs. 2,000 to each partner.b)Loss of Rs. 4,400 for X and Z & Y will take home Rs. 14,800.c)Rs. 400 for X, Rs. 5,200 for Y and Rs. 400 for Z.d)Rs. 2,400 to each partner.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for X, Y and Z are partners in a firm. At the time of division of profit for the year there was dispute between the partners. Profits before interest on partner’s capital was Rs. 6,000 and Y determined interest @ 24% p.a. on his loan of Rs. 80,000. There was no agreement on this point. Calculate the amount payable to X, Y and Z respectively.a)Rs. 2,000 to each partner.b)Loss of Rs. 4,400 for X and Z & Y will take home Rs. 14,800.c)Rs. 400 for X, Rs. 5,200 for Y and Rs. 400 for Z.d)Rs. 2,400 to each partner.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of X, Y and Z are partners in a firm. At the time of division of profit for the year there was dispute between the partners. Profits before interest on partner’s capital was Rs. 6,000 and Y determined interest @ 24% p.a. on his loan of Rs. 80,000. There was no agreement on this point. Calculate the amount payable to X, Y and Z respectively.a)Rs. 2,000 to each partner.b)Loss of Rs. 4,400 for X and Z & Y will take home Rs. 14,800.c)Rs. 400 for X, Rs. 5,200 for Y and Rs. 400 for Z.d)Rs. 2,400 to each partner.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice X, Y and Z are partners in a firm. At the time of division of profit for the year there was dispute between the partners. Profits before interest on partner’s capital was Rs. 6,000 and Y determined interest @ 24% p.a. on his loan of Rs. 80,000. There was no agreement on this point. Calculate the amount payable to X, Y and Z respectively.a)Rs. 2,000 to each partner.b)Loss of Rs. 4,400 for X and Z & Y will take home Rs. 14,800.c)Rs. 400 for X, Rs. 5,200 for Y and Rs. 400 for Z.d)Rs. 2,400 to each partner.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.