Calculate the Net Profit before appropriation, given Q's share of divisible profit is ₹1,60,000, P and Q's profit sharing ratio is 2:1, interest on capital is 6% p.a., and interest on drawings is 10%

Q's share of net divisible profit is ₹1,60,000.
The profit and loss sharing ratio for P and Q is 2:1. This means Q's share is $\frac{1}{3}$ of the total divisible profit.
Let the total divisible profit be $X$.

So, the total divisible profit is ₹4,80,000.

Interest on capital is allowed at 6% p.a.
P's capital = ₹12,00,000
Q's capital = ₹8,00,000
P's IOC = $₹12,00,000 \times \frac{6}{100} = ₹72,000$
Q's IOC = $₹8,00,000 \times \frac{6}{100} = ₹48,000$
Total IOC = $₹72,000 + ₹48,000 = ₹1,20,000$

Interest on drawings is charged at 10% p.a.
P's drawings = ₹2,40,000
Q's drawings = ₹1,60,000
Since no date of drawings is given, we assume interest is calculated for the full year on the amount drawn.
P's IOD = $₹2,40,000 \times \frac{10}{100} = ₹24,000$
Q's IOD = $₹1,60,000 \times \frac{10}{100} = ₹16,000$
Total IOD = $₹24,000 + ₹16,000 = ₹40,000$

The Net Profit before appropriation is calculated using the following relationship:
Net Profit before appropriation + Total IOD - Total IOC = Total Divisible Profit
Rearranging the formula to find Net Profit before appropriation:
Net Profit before appropriation = Total Divisible Profit + Total IOC - Total IOD

The Net Profit of the firm before any appropriation is ₹5,60,000. This matches option (C).

The final answer is $\text{C) ₹5,60,000}$.