C and D are partners with fixed capitals of Rs. 4,00,000 and Rs. 6,00,000 respectively. The partnership deed provides for interest on capital @ 5% p.a. The profit for the year before allowing interest on capital was Rs. 30,000. How much interest on capital will be credited to C and D respectively?
1
C Rs. 20,000, D Rs. 30,000
2
C Rs. 15,000, D Rs. 15,000
3
C Rs. 12,000, D Rs. 18,000
4
C Rs. 10,000, D Rs. 20,000