Question

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

Answer 1

200 for each and

400 is combine interest

Answer 2

$\huge\mathbb\pink{♡AnSwEr●}$

$amount = 5000 \\ rate = 4\% \\ avg. \: period (in \: beginning \: of \: every \: month)= \frac{total \: months + 1}{2} \\ = \frac{12 + 1}{2} = 6.5 \\ interest \: on \: drawings \: = 5000 \times \frac{4}{100} \times \frac{6.5}{12} \\ = 108.33 = 109$