Accountancy, asked by kiruthigaa4455, 9 months ago

Calculate interest on drawings of Mr. X @ 10% p.a. if he withdrawn Rs. 1200 per month(i) in the beginning of each Month

Answers

Answered by kankanadebnath942

1

Answer:

1440

Explanation:

interest is 10%per annum

he had drawn 1200 per month

per annum drawing will be 1200*12=14400

10%of 1440=1440

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