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Use the information below to answer this question.
Keme and Kemi are in a partnership sharing profit and losses in the ratio 3:2.
| Capital - Keme | ₦20 000 |
| - Kemi | ₦10 000 |
| Drawing - Keme | ₦2 000 |
| - Kemi | ₦3 000 |
| Profit | # 6 000 |
| Interest on capital | 5% |
| Interest on drawings | 10% |
The interest on kemi's capital is
A.
₦2000
B.
₦1000
C.
₦500
D.
₦3000
Answer: C
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