Abhay and Alok are partners sharing profits and losses in the ratio of 3 : 2. Their capital accounts showed balances of Rs. 1,50,000 and Rs. 2,00,000 respectively on April 01, 2024. Partnership deed provides for interest on capital @ 8% p.a. and the firm earned a profit of Rs. 14,000 during the financial year 2024-2025. What will be interest on capital of Alok for the year ending March 31, 2025?

Rs 8,000

The correct answer is Option (4) → 

Rs 8,000