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Nimrat and Maira are partners without a Partnership Deed sharing profits in the ratio of 2 : 1. Nimrat gave loan of ₹ 2,00,000 to the firm on 1st October, 2025. On 1st February, 2026, she took the loan back.

Calculate the interest on loan.

[Ans. ₹ 4,000.]

Anurag Pathak Answered question
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