X and Y are in partnership with capital contributions of $50000 and $30000 respectively. The partnership agreement provides that profits are to be shared in proportion to capital contributions and each partner is entitled to 10% interest on capital. Profit for the year was $37000. What was the total amount credited to Y's current account at the end of the year? A $10875 B $13875 C $18125 D $23125

$13875

Step-by-step explanation:

The interest in capital for X will be:

= 10% × $50000

= $5000

The interest in capital for Y will be:

= 10% × $30000

= $3000

The total amount credited to Y's current account will be:

= 3000/(3000 + 5000) × $37000

= 3/8 × $37000

= $13875

The total amount credited to Y's current account at the end of the year will be $13875

hi there!

the answer to this question is d: 35

step-by-step explanation:

5 to the power of 2 is 25

2 multiplied by 5 is 10

then you add the 2 numbers and you get 35

what are you trying to solve here

step-by-step explanation: