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A and B are partners. The net divisible profit as per Profit and Loss Appropriation A/c is ₹2,50,000. The total interest on partner's drawing is ₹4,000. A's salary is ₹4,000 per quarter and B's salary is ₹40,000 per annum. The net profit/loss earned during this year was:

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A and B are partners. The net divisible profit as per Profit and Loss Appropriation A/c is ₹2,50,000. The total interest on partner's drawing is ₹4,000. A's salary is ₹4,000 per quarter and B's salary is ₹40,000 per annum. The net profit/loss earned during this year was:






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