State whether the claim is valid if the partnership deed is silent in the following cases, give reason in support of your answer:

  1. Anil and Priya are partners in a firm. Anil had advanced a loan to the firm. He claims interest @ 9% p.a.
  2. S and V are partners in a firm. S wants interest on capital @8% p.a.

Marks-4, CBSE:2020-21/Compartment/Q-18

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