MCQOPTIONS
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| 1. |
Capital at the end of the year Rs.5,00,000 Drawings during the year Rs.50,000 Profit for the year Rs.1,00,000 Interest on opening capital @ 10% per annum will be |
| A. | 50,000 |
| B. | 5,50,000 |
| C. | 45,000 |
| D. | 55000 |
| Answer» D. 55000 | |