Question

On 1 Jan 2015 the capitals of Prem and
Shyam were Rs. 30.000 and Rs. 50.000. Prem
introduced on July 1, Rs. 10,000 and
November 1, Rs. 5,000, Shyam Rs. 5.000 on
August 1, and Rs. 20,000 on April 1, as
additional capital. 5% interest is to be
considered on capitals and drawings Prem
withdraws Rs. 200 in the beginning of every
month and Shyam Rs. 200 at the end of
every month during the year. Calculate the
interest payable and chargeable.​

Answer 1

Explanation:

20+36+-56*33=*=23333