X, Y and Z are partners in a firm. Their Capitals as on April 1, 2022 were ₹ 5,00,000; ₹ 4,00,000 and ₹ 3,00,000 respectively. On July 1, 2022 they introduced further Capitals of ₹ 1,00,000; ₹ 80,000 and ₹ 50,000 respectively

X, Y and Z are partners in a firm. Their Capitals as on April 1, 2022 were ₹ 5,00,000; ₹ 4,00,000 and ₹ 3,00,000 respectively. On July 1, 2022 they introduced further Capitals of ₹ 1,00,000; ₹ 80,000 and ₹ 50,000 respectively. On February 1, 2023 Y withdrew ₹ 15,000 from his Capital. Interest is to be allowed @ 8% p.a. on the Capitals. Compute interest on Capitals for the year ending March 31, 2023.

[Ans. Interest on Capitals : X ₹ 46,000; Y ₹ 36,600 and Z ₹ 27,000.]