question_answer

Vanya and Manya are partners they have provided the following information at the end of the year 31st March 2021:

Particulars	Vanya	Manya
Interest on capital provided	44,000	40,000
Salary allowed to partners'	2,00,000	1,60,000
Interest on drawings charged	12,500	10,000
Profit shared by partners	1,00,000	78,500

What was the Net Profit during the year?

A) 5,00,000 

B) 6,00,000

C) 5,85,000

D) 6,10,500