Question

Rakesh, a partner in a firm has withdrawn the following amounts during the year ended 31/12/2013 for his personal use. ₹2000 on 28/02/2013, ₹6000 on 1/7/2013, 4000 on 30/09/2013, 8000 on 1/11/2013, calculate interest on drawings at 12% Pa under product method​

Answer 1

Answer:

ans is 8,000 is correct ans by formula it is

add all rupees it begain 20,000 thousand

20,000- 12,000 = ans 8,000

Explanation:

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Answer 2

I hope it helps you dear and always be happy