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A and B started business on 1/1/1998 with capital rs 30000and rs 40000respectively.durkng the year A introduced an additional capital of Rs 10000 on 1-7-98 . They withdrew Rs 500 PM. For the house hold expenses in lieu of profits. Interest on capital is to be allowed @12% p. A. Calculate the interest payable yoA and B for the year ending 31-12-1998

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