Question

One of the partners in a partnership firm has withdrawn ₹ 9,000 at the end of each

quarter, throughout the year. Calculate interest on drawings at the rate of 6% per

annum.​

Answer 1

At the end of each quarter, interest on drawings = 4.5/12

Here,

I on D = 9000 * 6/100 * 4.5/12

= 202.5

Answer 2

202.5

Hoe it helps .