Question

A partner withdraw ₹3000 in the beginning, in the middle, and at the end of each month. calculate interest on drawings at the rate 8% p. a.​

Answer 1

Answer:

Interest on drawings

beginning-3120

middle-2880

end-2640

Explanation:

see the above pic..use the trick..easy topic

beginning add 1(e.g. if month 12+1 , if half yearly 6+1 , if quarterly 3+1)

middle put as it is and end means less one