Question

Vithoba is a partner in a firm. His drawings during the year ending 31st March, 2021 were Rs. 72,000. Of interest on drawings is charged @ 9% p.a. the interest charged will be:
a) Rs. 324
b) Rs. 6480
c) Rs. 3240
d) Rs. 648

Answer is C. Can someone give me an explanation how?​

Answer 1

Answer:

6480

Explanation

Answer 2

Explanation:

7200×9% × 6/12 = 3240

c) Rs. 3240

correct answer