A and B are partners in a partnership firm without any agreement. A has given a loan of ₹50,000 to the firm. At the end of the year, a loss was incurred in the business. The following interest may be paid to A by the firm :
1
@5% Per Annum
2
@ 6% Per Annum
3
@ 6% Per Month
4
As there is a loss in the business, interest can’t be paid