Question

If a fixed amount is withdrawn by a partner on the first day of every quarter, for what period the
interest on total amount withdrawn will be calculated?​

Answer 1

Answer:7.5 months

Explanation:

Period = Time left after 1st draw+time left after last draw /2

= 12+3/2

=7.5 months

Answer 2

Answer:

ans is 7.5 months

Explanation:

as everyyear  have 12 months

1quarter is of 3 months

accounting priod beging with april

as per demand of ques begning of each quarter mean 1st april

formula =time left after tdrawing +  after last drawing divide by 2

time left mean sill 12 months  although last withdrew on  jan 1 as per first day of quarter means last withder have 3 monts

put it in formula 12 months  + 3 months by 2 gives u 7.5 months