Mudit, Sudhir, and Uday are partners in a firm sharing profits in the ratio of 3 : 1 : 1. Their fixed capital balances are ₹ 4,00,000, ₹ 1,60,000, and ₹ 1,20,000 respectively
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Solution:- Working Notes:- Working Notes:- Interest on Capital Naveen 4,00,000 × 6% = ₹ 24,000 Qadir 3,60,000 × 6% = ₹ 21,600 Rajesh 2,40,000 × 6% = ₹ 14,400 Salary Naveen 3,500 × 4 = ₹ 14,000 4,000…
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Ans – c) Explanation:- Reduction in production reduces employment thus reducing welfare. On the other hand, a reduction in the production of junk food reduces health issues. thus increasing welfare.