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A claims salary (₹30000) and interest on capital (₹20000). B claims interest on capital (₹25000). Profit is (₹45000) and all claims are to be reduced proportionately. How much will B receive?

Answer and explanation

Correct answer: (₹15000)

Total claim is (₹75000) and available profit is (₹45000). B receives (25000\times\frac{45000}{75000}=₹15000).

Related tags

PartnershipAdjustmentsProportionate ClaimsPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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