Question

Interest charged on drawings @5%.Total drawings were 10000

Answer 1

$total \: drawings = 10000 \\ \\ interest = 5\% \\ \\ interest \: on \: drawings \: = 10000 \times 5\% \times \frac{6}{12} \\ \\ = > 250$

Note- Interest on drawing should be calculated for some periods .say at the beginning of quater or month or at last of any quarter or month and as well sometimes in middle of the months and quarters

But it should be noted that if date is not specify in question then interest must be charged for half year i.e 6 months .

Hope its helpz u all ✌️☺️