Question

b withdrew rs 4000 at end of every 6 months interest on drawings @5% will be (answer with explanation)​

Answer 1

Answer:

the interest on drawing will be 100rs.

Answer 2

Answer:

RS. 100

Explanation:

If it is simple interest then,

$\frac{p \times r \times t}{100} = \frac{4000 \times 5 \times 1}{100 \times 2} = \frac{20000}{200} = 100$

Interest will be: ₹100