Question

Vinod a partner, interest on his drawings was charged Rs.720 for average period of 6 months

@ 12 p.a. His drawings during the year were:
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Answer 1

Explanation:

use this base........

Answer 2

Answer:

Explanation:

In the question interest is not given

So, we assume interest be X

Total Drawings in the year = Rs x

Interest = 12 % p.a

Interest on Drawing = Rs. 720

Interest on Drawings = Interest * rate 0f interest

720 = X * 12/100

720 * 100 /12 = X

6000 =X

Hence , Interest be Rs. 6000