Accountancy, asked by Mihy9488, 6 months ago

Ranjit withdraws 4000 per month on the last day of every month during the year 2019 . Interest on drawings in to be charged @12%p.a calculate the amount of interest

Answers

Answered by shankarravi3162

3

Explanation:

2640 is a right answer

4000×12=48000

48000×12÷100=5760

5760×5.5÷12=2640

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