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provision of 5% of the net profit

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Posted inAccountancy Class 12 Fundamental of Partnership

X and Y are partners sharing profits in the ratio of 3:2 with capitals of Rs 8,00,000 and Rs 6,00,000 respectively

Question 16 :- X and Y are partners sharing profits in the ratio of 3 : 2 with capitals of Rs 8,00,000 and Rs 6,00,000 respectively. Interest on capital is…
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