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Calculation of Interest on Capital:

77,000*12/100*3/12 = 2310 Rs

Calculation of Share of Profit:

Average Profit = (2,04,000+1,80,000+90,000-57,000)/4 = 1,04,250 Rs

Dev’s share of profit = 1,04,250*3/12*2/5 = Rs 10,425

Calculation of Share of Debit balance in P&L A/c

57,000*2/5 = Rs 22,800.

Calculation of Interest on Capital:

77,000*12/100*3/12 = 2310 Rs

Calculation of Share of Profit:

Average Profit = (2,04,000+1,80,000+90,000-57,000)/4 = 1,04,250 Rs

Dev’s share of profit = 1,04,250*3/12*2/5 = Rs 10,425

Calculation of Share of Debit balance in P&L A/c

57,000*2/5 = Rs 22,800.

Answer

Calculation of Interest on Capital:

77,000*12/100*3/12 = 2310 Rs

Calculation of Share of Profit:

Average Profit = (2,04,000+1,80,000+90,000-57,000)/4 = 1,04,250 Rs

Dev’s share of profit = 1,04,250*3/12*2/5 = Rs 10,425

Calculation of Share of Debit balance in P&L A/c

57,000*2/5 = Rs 22,800.