In the absence of an agreement, interest to be allowed to the partners on their capital, according to Indian Partnership Act, will be at the rate of:

The correct answer is A. 5%.

According to the Indian Partnership Act, 1932, Section 18, in the absence of an agreement, interest to be allowed to the partners on their capital will be at the rate of 5% per annum.

Option B is incorrect because the rate of interest is not 6%.

Option C is incorrect because the rate of interest is not 9%.

Option D is incorrect because the rate of interest is not 0%.