Shiva Ltd. purchased 4,000 equity shares of Chandu Ltd. on 1st October, 2018. From the following information of Chandu Ltd., calculate minority shareholder's interest : 31st March, 2018 31st March, 2019 ₹ ₹ 5,000 equity

Computation of Capital Profit and Revenue Profit of Chandu Ltd. Particulars Capital Profit (Pre-Acquisition) ₹ Revenue Profit (Post-Acquisition) ₹ General Reserve 20,000 Profit & Loss A/c (at beginning) 5,000 Profit during the year 15,000 15,000 Discount on issue of debenture (10,000) Profit on revaluation of Land & Building 20,000 Loss on revaluation of Plant & Machinery (45,000) 5,000 15,000 Shiva Ltd. (80% Share) 4,000 12,000 Minority Shareholders Interest (20%) 1,000 3,000 Minority Shareholder's Interest ₹ 20% paid up capital of Chandu Ltd. 1,00,000 20% share in capital Profit 1,000 20% share in revenue Profit 3,000 Minority Shareholders interest 1,04,000