Okoro and Osula are in partnership sharing profits and losses in the ratio 3 : 2 respectively. Their respective capital were ₦7,000 and ₦5,000. Interest on capital was 5% and interest on drawings was 10%. The net profit was ₦30,000.Using the following information, The total interest on capital is

A.

₦4,000

B.

₦2,740

C.

₦2,000

D.

₦750

Correct answer is B

No explanation has been provided for this answer.