Question

Karthick is a partner in a firm.she withdrew Rs5,000p.m.regular.Interest on drawings is charges @4%p.a.Calculate the interest on drawings using average period,if she draws 1) at the beginning of every month 2)in the middle of evey month3) at the end of every month

Answer 1

Answer:

Karthick is a partner in a firm.she withdrew Rs 5,000 pm.regular.Interest on drawings is charges @4%p.a.Calculate the interest on drawings using average period,if she draws 1) at the beginning of every month 2)in the middle of every month) at the end of every month