Accountancy, asked by dudeperfect6357, 1 year ago

One of the partners in a partnership firm has badru rs 9000 at the end of each quarter throughout the year calculate interest on drawing at the rate of 6% per annum?

Answers

Answered by aiman69

0

1 st quarter interest is (9000×6%×3÷12)
=135
2 nd quarter interest is (135+270)
=305
3rd quarter interest is (135+405)
=540

I HOPE IT WILL HELP YOU.

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