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What is interest on capital, how it calculated

Asked by: kanslm123 | Member Since May-2011 | Asked on: May 1st, 2011

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Ajijul

Answered On : Mar 12th, 2013

Capital is the fund owner starts with the Business. To calculate the true profit owner charge Interest on the Capital which he/she started with the Business. Int. on Capital is the charge usually used in Pvt Ltd company.

  
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