Question

A and b both partners withdrew 5000 at the beginning of every month for the entire year and interest on drawing is 4% than calculate interest on drawing in accounts

Answer 1

Internet on drawing = 5000*6.5*4%

= 1300

Answer 2

$\huge\mathbb\pink{♡AnSwEr●}$

interest on drawings of A and B=109

$amount = 5000 \\ rate = 4\% \\ avg. \: period (in \: beginning \: of \: every \: month) = \frac{total \: months + 1}{2} \\ = \frac{12 + 1}{2} = 6.5 \\ interest \: on \: drawings = 5000 \times \frac{4}{100} \times \frac{6.5}{12} = 108.333 \\ = 109$