Question

Mr X and Mr. Y started business on 1" April, 2013 with capitals of 5,00,000 and 2
3.00,000 respectively Calculate interest on drawings of Mr. X @ 10%. p.a. for the year
ended 31" December 2015 in each of the following alternative cases:
If he withdrew
a) 2,000 per month in the beginning of every month

(b) If he withdrew + 2,000 per month in the end of every month

(c)
If he withdrew ? 2,000 per month in the middle of every month

(d)
If he withdrew 26,000 in the beginning of every quarter

(e) If he withdrew * 6,000 in the end of every quarter

(f) The withdrew: 6,000 in per quarter
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Answer 1

Answer:

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