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And B are partners share profits …

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And B are partners share profits equally . A drew regularly RS 4,000 at the end of every month for mnths ended 30th Sept,2013 calculate interest on drawings @ 5% .

Posted by Nisha Deshwal 8 years, 3 months ago

CBSE > Class 12 > Accountancy

3 answers

Nisha Deshwal 8 years, 3 months ago

answer is 250.. given , ? but how??

Saurabh Rastogi 8 years, 3 months ago

Is 3300 answer is correct or 1100

Ritik Joshi 8 years, 3 months ago

Amount. Months 4000. 11 4000. 10 4000. 9 4000. 8 4000. 7 4000. 6 4000. 5 4000. 4 4000. 3 4000. 2 4000. 1 4000. 0 Product 44000 40000 36000 32000 28000 24000 20000 16000 12000 8000 4000 0 Total=264000 Interest on drawing=product×rate×1/12 264000×5/100×1/12=1100answer..

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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