CUET Preparation Today
Suppose Gunjan and Himani are partners in a firm sharing profits and losses equally. During 2024-25, Gunjan withdrew Rs. 30,000 quarterly in the begining of each quarter. If interest is to be charged on drawings @ 8% p.a., the interest on drawings will be: |
Rs. 3,600 Rs. 4,400 Rs. 6,000 Rs. 5,200 |
Rs. 6,000 |
The correct answer is Option (3) → Rs. 6,000 |
