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Question 9 Chapter 2 of Class 12 Part – 1 Usha Publication
9. (Interest on Loan) Dhoni and Harbhajan advanced Rs.1,50,000 to the firm in their profit ratio which is 2:1. There is no agreement between the partners. Find out interest on the loan for the year.
We are providing a solution of Question 9 Chapter 2 of Class 12 Part - 1 Usha Publication in two formats. one is in Video format and another is in article format. Check out both formats as follows:
The video consists solution of question numbers from 1 to 12 Chapter no. 2 class 12 of Usha publication. To check the direct solution of question no. 9 from the following video by using time stamps of the video.
Interest on Loan:
Total Loan = Rs.1,50,000
Dhoni Share = Rs.1,50,000 x 2/3 = Rs.1,00,000
Interest to Dhoni = Rs.1,00,000 x 6/100 = Rs.6,000
Harbhajan’s Share = Rs.1,50,000 x 1/3 = Rs.50,000
Interest to Harbhajan = Rs. 50,000 x 6/100 = Rs.3,000
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