1 Interest on Capital questions from CUET 2025 31 May Shift 1 with detailed answers and explanations. Free previous year questions and MCQs.
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Interest on Capital โ CUET 2025 31 May Shift 1(1โ1 of 1)
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Q1mediummcqCUET AccountancyCUET 2025 31 May Shift 12026
Saloni and Srishti are partners in a firm. Their capital accounts as on April 01, 2019 showed a balance of Rs.ย 2,00,000 and Rs.ย 3,00,000 respectively. On July 01, 2019 Saloni introduced additional capital of Rs.ย 50,000 and Srishti, Rs.ย 60,000. On October 01, 2019 Saloni withdrew Rs.ย 30,000, and on January 01, 2020 Srishti withdrew Rs.ย 15,000 from their capitals. Interest is allowed @ 8% p.a. Calculate interest payable on capital to Saloni during the financial year 2019โ2020.
CUET 2025 31 May Shift 1 Interest on Capital โ FAQ
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Our database has 1 Interest on Capital questions from CUET 2025 31 May Shift 1 covering 2026 to 2026.
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The 1 CUET 2025 31 May Shift 1 Interest on Capital questions include 0 easy, 1 medium and 0 hard level questions.
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Visit /tag/interest-on-capital to see all Interest on Capital questions across all exams including CUET Accountancy, CUET Accountancy 2025 30 May Shift 2, CUET Accountancy 2025 14 May Shift 2.