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Aryan and Gauri were partner in a firm sharing profits and losses in the ratio of 2:1. Their capital was R.s. 90,000 and Rs. 60,000 respectively. They were entitled for interest on capital @ 12% p.a. The firm earned a profit of Rs. 84,000 after allowing interest on capitals. Profits will be distributed among them will be:

  • a)
    Rs. 44,000; Rs. 22,000

  • b)
    Rs. 56,000; Rs. 28,000

  • c)
    Rs. 50,400; Rs. 33,600

  • d)
    Rs. 39,600; Rs. 26,400

Correct answer is option 'B'. Can you explain this answer?
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Aryan and Gauri were partner in a firm sharing profits and losses in t...
The profit for the year is 84000 and that is given after allowing the interest on capital to the partners hence we can directly calculate the profit share for both the partners for Aryan it is 84000×2/3=56000, and for Gauri it is 84000×1/3=28000 hence option B is the correct answer
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Aryan and Gauri were partner in a firm sharing profits and losses in t...
The profit for the year is 84000 and that is given after allowing the interest on capital to the partners hence we can directly calculate the profit share for both the partners for Aryan it is 84000×2/3=56000, and for Gauri it is 84000×1/3=28000 hence option B is the correct answer
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Aryan and Gauri were partner in a firm sharing profits and losses in t...
Profit 84000×p/l ratio 2:1 me84000 × 2 / 3 =5600084000 × 1 / 3 = 28000.
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Aryan and Gauri were partner in a firm sharing profits and losses in the ratio of 2:1. Their capital was R.s. 90,000 and Rs. 60,000 respectively. They were entitled for interest on capital @ 12% p.a. The firm earned a profit of Rs. 84,000 after allowing interest on capitals. Profits will be distributed among them will be:a)Rs. 44,000; Rs. 22,000b)Rs. 56,000; Rs. 28,000c)Rs. 50,400; Rs. 33,600d)Rs. 39,600; Rs. 26,400Correct answer is option 'B'. Can you explain this answer?
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Aryan and Gauri were partner in a firm sharing profits and losses in the ratio of 2:1. Their capital was R.s. 90,000 and Rs. 60,000 respectively. They were entitled for interest on capital @ 12% p.a. The firm earned a profit of Rs. 84,000 after allowing interest on capitals. Profits will be distributed among them will be:a)Rs. 44,000; Rs. 22,000b)Rs. 56,000; Rs. 28,000c)Rs. 50,400; Rs. 33,600d)Rs. 39,600; Rs. 26,400Correct answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Aryan and Gauri were partner in a firm sharing profits and losses in the ratio of 2:1. Their capital was R.s. 90,000 and Rs. 60,000 respectively. They were entitled for interest on capital @ 12% p.a. The firm earned a profit of Rs. 84,000 after allowing interest on capitals. Profits will be distributed among them will be:a)Rs. 44,000; Rs. 22,000b)Rs. 56,000; Rs. 28,000c)Rs. 50,400; Rs. 33,600d)Rs. 39,600; Rs. 26,400Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Aryan and Gauri were partner in a firm sharing profits and losses in the ratio of 2:1. Their capital was R.s. 90,000 and Rs. 60,000 respectively. They were entitled for interest on capital @ 12% p.a. The firm earned a profit of Rs. 84,000 after allowing interest on capitals. Profits will be distributed among them will be:a)Rs. 44,000; Rs. 22,000b)Rs. 56,000; Rs. 28,000c)Rs. 50,400; Rs. 33,600d)Rs. 39,600; Rs. 26,400Correct answer is option 'B'. Can you explain this answer?.
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