Accountancy, asked by saijaldogra, 2 months ago

Akhil is a partner in a firm. He draws 1,500 in the
beginning of every month. Calculate interest on
drawings @8%p.a. for the year 2020.

Answers

Answered by akumarjha187

6

Answer:

Avg period= 12+1/2

=6.4

int on drawing= (1500*12)*8%*6.5/12

=7,800/-

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