Practice question

Question

Directions For Questions
Directions: Read the following case study and answer questions on the basis of the same.
Sam and Tom decided to set up a partnership to sell low-sodium, plant-based vegan snacks. Since both had families, they decided to withdraw a salary of ₹12,000 per quarter. Sam also withdrew ₹1,00,000 on 31st December 2020 to get her wife treated for Covid-19. The partnership deed provided for 10% p.a. interest on drawings. Tom introduced ₹50,000 as additional capital on 31st January 2021 to increase the inventory. The net distributable profit was ₹2,00,000, which was divided between Sam and Tom after providing 25% to the general reserve.
What was the profit credited in both partner’s accounts?