Question

tar a partnership firm, Ram
withdraws Rs. 400 in the
middle of each month
while Rohan withdraws Rs.
300 at the end of each
month during the year.
Calculate the interest on
drawing @ 15% p.a:
Ram
Rs. 360, Rohan
Rs. 247.50
Ram
Rs. 60, Rohan Rs. 45
Ram
Rs. 720, Rohan
Rs. 540
Ram - Rs. 312, Rohan
Rs. 270​

Answer 1

Answer:

interest on Ram drawing

=4800×6/12×15/100=360

interest on Rogan drawing

= 3600×5.5/12×25/100=247.50