Question

When drawings are done every alternate month how do we calculate ?
Eg A withdraws Rs. 2000 in the beginning of every alternate month what will be the amount of interest if rate of interest is 12%
And
B withdrawn 2000 at the end of every alternate month what will be the amount of interest if rate of Interest is 12%

Answer 1

You need to make a statement like statement was made to calculate average of 6.5 months interest when drawings is made every month in the beginning.

I assume that the alternate drawings starts from first month and goes on till eleventh month. When you'll make it you will get average of 7 months interest in the first situation, and in second situation you will get average of 6 months interest.

You try other alternative with drawings started from second month and goes on till twelfth month.

Hope you doubt get solved and you understand the basics. Ask further if you get stuck.