Question

Calculate the interest on drawings of Raj at 5% per annum for the year ended 31st March 2020 in each of the following alternative faces case 1 if his drawings during the year where rupees 60000 case 2 if he with draws rupees 5000 per month during the year

Answer 1

Answer:

case 1 : 60,000%5into 6divide by 12

case 2 from when drawing is started ?