Accountancy, asked by meenapugal123, 11 days ago

Q.9 Ram and Shyam are partners sharing profits equally. Ram withdrew Rs. 1,000 p.m
regularly on the first day of every month for personal expenses. Interest on drawings
charged @5%. Calculate Interest on drawings of Ram.
(a) Rs. 600
(b) Rs. 250
(c) Rs. 500
(d) Rs. 1,200
(1)

Answers

Answered by ayushikanthawala07

1

Answer:

(a) Rs. 600

Explanation:

1000×12×5÷100

12000×0.05

₹600

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