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Question 4 Not yet answered Marked out of 1 P Flag question X, Y and Z are sharing profits in the ratio of 2/5: 2/5:1/5.

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Question 4 Not yet answered Marked out of 1 P Flag question X, Y and Z are sharing profits in the ratio of 2/5: 2/5:1/5. Partner Z retired from business and his share was purchased equally by X and Y. The new profit sharing ratio shall be: O a. X - 72 & Y - 72 O b. X - 2/5 & Y - 3/5 O c. X - 3/5 & Y - 2/5 O d. None of these are . correct Question 8 Not yet answered Marked out of 1 P Flag question Ali and Tamim started a partnership business on Ist April 2018 with capitals of OMR 600,000 and OMR 140,000 respectively. Ali introduced OMR 100,000 as additional capital on 1st October 2019. Interest on capital is to be allowed at 10% per annum. Calculate the interest on capital payable to Ali for the year ending 31st March 2019? a. Ali: OMR 67,500 O b. None of these are correct O c. Ali: OMR 60,000 O d. Ali: OMR 65,000

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