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Kanham Neeraj and Asha were partners in a fiem. They admitted Raghav their Iandlord as a partner the the firm. Raghav brings suffcient amount of

Kanham Neeraj and Asha were partners in a fiem. They admitted Raghav their Iandlord as a partner the the firm. Raghav brings suffcient amount of capital and good will premium for his share in the profits. Raghav had given a long of Rs. 1,00,000.

p.a. interest to the partnership firm before on lone should be paid?

p.a. Is he right in doing so? Give reason in support of your answer?

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