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Radha and rekha are partners. Calculate …

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Radha and rekha are partners. Calculate interest on drawings for the year @12% per annum. Radha withdraws 5000 at the end of every quarter.

    • Posted by Ansh Jasuja 6 years ago

    CBSE > Class 12 > Accountancy
    • 1 answers

    Ashishsingh Tanwar 6 years ago

    As amount is withdrawn at the end of each quarter interest will be paid by the partner will ever only for 9 months. So, 5000×9/12×12/100=₹4500

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