Accountancy, asked by Arunav124, 1 year ago

calaulate intrest on drawings when a withdraws rupees 5000 at the beginning of each quarter @8%

Answers

Answered by prakhar2907
2
use the formula of SI
that is
SI= P×R×T

Arunav124: no its not that method which you are telling
Arunav124: its for simple intrest
Arunav124: i am talking about intrest on drawings
prakhar2907: ok
prakhar2907: but it can be solved using that formula also which i suggested i think so.
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