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Gopal is a partner in a …

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Gopal is a partner in a firm. He withdrew ₹1000 p.m. regularly on the first day of every month during the year ended 31st March ,2018 for personal expenses. If interest on drawings is charged @ 15%p.a. calculate the interest on the drawings of Gopal.

Posted by Debojyoti Chatterjee 6 years, 8 months ago

CBSE > Class 12 > Accountancy

2 answers

Sree Srinivas 6 years, 8 months ago

10,000*12=120,000 120,000*15/100×6.5/12=9750 12+1/2=13/2=6.5 ( the average)

Debojyoti Chatterjee 6 years, 8 months ago

What is the answer tell me please

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