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Question

X and Y are two partners with a capital of Rs. 35,000 and Rs. 30,000 respectively. They are allowed interest @10% on the total capital. Find the interest allowed to X and Y.

A
Rs. 3500, 3000
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B
Rs. 2500, 2890
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C
Rs. 3200, 3100
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D
Rs. 3700, 3500
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Solution

The correct option is A Rs. 3500, 3000
Capital of partners-:
X - 35,000 ; Y - 30,000
So,
X capital is 35,000, and interest is 3,500 on 10%
Y capital is 30,000, and interest is 3,000 on 10%.

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