1. Calculate interest on drawings of Pujari for the year ending 31.3.2018, if he withdrew Rs. 12,000 per
quarter in each quarter.
(1) At the beginning of each quarter
(ii) In the middle of each quarter
(iii) At the end of each quarter
Rate of interest is 10% p.a. (QB (P) 26 (Q) 5 modified] [In QB only (i) and (iii) are asked for 6 marks)]
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