Partnership - Fundamentals | Interest on Capital | Important questions | Class 12

[@aarav9379]

Barun's IOC in 1st April to 30 th september = 5,40,000 ×6/100×6/12 = 16,200 From 1st October to 31st march = 5,00,000 × 6/100 × 6/12 = 15,000 Total of barun interest on capital is = ₹ 31,200

[@Sawan_yadav3]

Sahi h❤

[@MyStudy--CSEET]

Saaahubh

[@AnkitMish_ra]

12:47 Barun interest on capital till September 31 will be ₹16,200 And for the rest of months it'll be same as Arun 15,000 Total interest on capital will be ₹31,200

[@Nitish58007]

Mera Answer Kolkata Aa raha hai

[@KrishanPaul-o6m]

(i) 16200 (ii)15000

[@vandanasharma8465]

Barun's IOC in end of 13st March, 2016 = Rs.31200 ( IOC for 1st 6 months = Rs.16200 IOC for 2nd 6 months = Rs.15000 )

[@keshavbhardwaj5538]

Hii

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Correct 💯

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👍

[@farhanakhanam8820]

Same

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[@laroosharma9797]

After change in partners chapital Internet on barun's old capital will be 16200 Interest on barun's new capital after he withdrew 40000 from existing capital the interest will be 15000🎊 Total will be 31200

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[@mdghazanfaransari5464]

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You didn't study book keeping and Accountancy in class 9&10 as the sixth subject?

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[@officalpayaldhiman]

Hello sir 🤗big fan of you Homework 📖 Barun = 1st (6 month )= 16,200 Next ( 6 month)= 15,000 { 16,200 +15,000=answer 31,200✓ total Interest on capital 😎Thank you so much for this video ❤️💗

[@manjuyadav947]

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[@Ayush_Youtuber]

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[@Nandkishor_meena_9421]

Ya right

[@1CommerceB1ArchanaGupta-vb2ch]

Yes😅

[@aieee0]

Barun's int. on 30th sept would be 16,200 From 1st oct 2015 to 31st march 2016 would be 15,000 and the total int. on capital for Barun will be 31,200

[@xyzuntitled]

Homework Barun = 1st 6 months = 16200 = 2nd 6 months = 15000 = 16200 + 15000 = Ans. 31200 ( Total interest on Capital ) Working Note :- 1) 540000 × 6% interest × 6 months / 12 months = 16200 ( April to September ) 2) 500000 × 6% interest × 6 months / 12 months = 15000 ( October to March ) No use of calculator 🙂

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[@defaulterfitness]

Barun's IOC in end of 31st March, 2016=Rs.31200 (IOC for 1st 6months =Rs.16200 IOC for 2nd 6months =Rs.1500) Total..31200

[@AdityaBaghel-hv5eg]

Bhaiya percentage kaise nikalte ho aap

[@viveksinghal8135]

12:54 Answer is Rs. 31,200 interest of Barun's Capital.

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[@ram12557]

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[@Siya_Side]

Hello sir. Good evening 😊 My answers are: B a) 16200 , b) 15000 Have a great day sir thank you for always supporting and being a great teacher 🧿

[@excellentarts..7481]

Same

[@bhoomisahu8906]

13:00 • Barun's IOC for 1st April 2015 to 30th September is ~ 5,40,000×6/100×6/12 = 16,200 Then, IOC for remaining 6 months is ~ 5,00,000×6/100×6/12 =15,000 Hence , The total of barun's Intrest on capital for the year is = 31,200

[@pandeyji301]

Q= x, y, and z are partners in a firm. Their capital as on April 1, 2020 were ₹5, 00,000; ₹4, 00,000 and ₹3, 00,000 respectively. On july 1,2020 they introduced futher capital of ₹ 1,00,000; ₹ 80,000 and ₹ 50,000 respectively. On February 1, 2021 Y withdrew ₹ 15,000 from his capital. Interest is to be allowed @ 8 % P. a. On the capital. Compute interest on capital for the year ending March 31,2021. Ans= interest on capital X ₹46, 000 Y ₹36, 000 Z ₹ 27,000

[@Lalit_negi_9395]

In which month y withdrews the capital

[@pandeyji301]

@@Lalit_negi_9395 on February 1, 2021

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[@Nigam_sahab19]

solution To compute the interest on capitals for the year ending March 31, 2020, we need to consider the following events: Initial capital balances on April 1, 2019: A's capital: Rs. 400,000 B's capital: Rs. 300,000 Additional capital introduced on August 1, 2019: A: Rs. 50,000 B: Rs. 40,000 B's withdrawal on March 1, 2020: B: Rs. 15,000 Interest rate: 6% per annum First, we need to calculate the weighted average capital for each partner at the end of the year (March 31, 2020). The weighted average capital is calculated based on the duration the capital is in the business. A's weighted average capital: [(Capital on April 1, 2019 * Days) + (Capital on August 1, 2019 * Days) + (Capital on March 1, 2020 * Days)] / Total days in the year B's weighted average capital: [(Capital on April 1, 2019 * Days) + (Capital on August 1, 2019 * Days) + (Capital on March 1, 2020 * Days) - (Withdrawal on March 1, 2020)] / Total days in the year Let's calculate the interest for each partner: A's interest: A's weighted average capital * Interest rate B's interest: B's weighted average capital * Interest rate Now let's calculate the values: Total days in the year (April 1, 2019, to March 31, 2020) = 365 A's weighted average capital: [(400,000 * 274) + (450,000 * 213) + (450,000 * 31)] / 365 = 413,123.29 B's weighted average capital: [(300,000 * 274) + (340,000 * 213) + (340,000 * 31) - 15,000] / 365 = 327,561.64 A's interest: 413,123.29 * 0.06 = 24,787.40 (rounded to the nearest rupee) B's interest: 327,561.64 * 0.06 = 19,653.70 (rounded to the nearest rupee) Therefore, the interest on capitals for the year ending March 31, 2020, is Rs. 24,787 for partner A and Rs. 19,654 for partner B.

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[@bhumika_286]

12:38 ioc of barun till 1st oct is 16200 ioc of barun till 31st march is 15000 total ioc is 31200

[@ayushxyzgamerz3752]

First IOC = 16200 2nd IOC = 15000 Total IOC = 31200

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[@deepa.mdeepa.m2952]

xy and z are partners in a form sharing profit and losses in the ratio 5:3:2. their capitals ( fixed) are rs. 200000 rs. 150000 rs. 300000 respectively. for the year ended 31st march 2022 interest on capital was credited to them @ 8% interest of 10% give adjusting journal entry

[@TMTAMIT]

1st -ioc=16200 2nd ioc =15000 Total Ioc=31200

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[@harshitasharma1515]

Barun intrest on capital 1st six months=16200 2nd six months=15000 Your class is amazing😍🤩😍🤩👍🤩

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[@ashtmijewellers5100]

540000×6%×6=194400 500000×6%×6=180000

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31,200 barun's ioc for whole year Thanku so much sir You are superb ever...❤️

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[@sarjuthakur5982]

12:26 Barun's ioc in the year ending 31 mar. 2016 is 31200 Ioc of Apr. To sep. Is 16200 Ioc of oct. To mar. 15000

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[@sahilsinghmehra2838]

In Barun ( IOC ) 1-- (6 month) -- 16200 2-- (6 month ) -- 15000 3 -- ( 12 month ) -- 31200

[@vibing8474]

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[@Guddu15168]

16,200+15,000=31,200 - barun IOC Thank you so much sir😊❤

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