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If x withdrew ₹7500 in the …

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If x withdrew ₹7500 in the beginning of each quarter @ 10% Pa for the year ended 31 march 2018.calculate interst on drawings.?

    • Posted by Rahul Singh 7 years, 3 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Rahul Singh 7 years, 3 months ago

    Ty a lot

    1Thank You

    Shashi Ramachandran 7 years, 3 months ago

    (7500*4*10*7.5)/ 12*100
    Rs 1875
    Each quarter 7500
    Therefore 7500*4
    Months after 1st drawing 12 and months after last drawing 3
    12+3/2=7.5

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