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Question Practice

What is the primary purpose of calculating interest on capital?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Accountancy - II
Financial Statements - II
Question Bank

What is the primary purpose of...

Single Answer MCQ
Q-00053664

What is the primary purpose of calculating interest on capital?

1

To increase profits

2

To reward the capital invested

3

To create a liability

4

To reduce taxation

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