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Calcualate int. On drawings rs 5000at …

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Calcualate int. On drawings rs 5000at end of every quarter

    • Posted by Saijal .......... 6 years, 11 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Vansh Rastogi 6 years, 11 months ago

    (4.5/12)×(5000×4)× ( interest rate ) ____now how come 4.5 came ? It is average time ___calculated as=(time left after first drawing + time left after last drawing)÷2 _____=(9+0)÷2____=4.5

    0Thank You

    Vansh Rastogi 6 years, 11 months ago

    Interest rate ?

    0Thank You

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