Business Studies, asked by pankj5709, 1 year ago

Calculate interest on z's drawings @ 10% if he withdrew rs.60000 during the year

Answers

Answered by Hêàrtlëss3517
1

60000 \times 10 \div 100 \times 6 \div 12 = 3000
I hope you understand
Answered by Anonymous
8

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interest on drawings of Z = 3000

amount = 60000 \\ rate = 10 \%\\ (if \: calculating \: period \:is \: not \: given \\ \: the \: period \: will \: be \: 6 \: months) \\ interest \: on \: capital = 60000 \times  \frac{10}{100}  \times  \frac{6}{12} \\   = 3000

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