Bhaskar is a partner in a firm. he withdraws ₹ 6,000 in the beginning of each months for 12 months. The books of the firm closes on 31st March every year. calculate interest on drawings if the rate of interest is 10% p.a.
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4
6000×10/100×6.5/12
=325
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8
Answer:
₹3900
Explanation:
6000×12×10/100×6.5/12
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