CUET Preparation Today
Himanshu withdrew Rs 2,500 at the end of each month. The partnership deed provides for charging of interest on drawings @ 12% p.a. Calculate interest on Himanshu's drawings for the year ended March 31, 2017. |
Rs 1,950 Rs 1,650 Rs 3,600 Rs 1,675 |
Rs 1,650 |
The correct answer is Option (2) → Rs 1,650 |
