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A & B started partnership on …

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A & B started partnership on 1st of September. A withdraws 5,000 per month & B withdraws 3,000 per month. Calculate interest on drawings in each of the following cases. Interest on drawings @ 10% per annum. year ends on 31 March.
  • 1 answers

Varnika Sangwan 6 years, 5 months ago

A-5000*12*10/100*7/12=3500 B-3000*12*10/100*7/12=2100
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