Calculate interest on Tushar's drawings 14% p.a. If he had drawn ₹1,35,000 during the year.

₹9,450

The correct answer is Option (4) - ₹9,450.

Drawings = ₹135000
Interest rate = 14% p.a.
As there is no fixed period given for the drawings withdrawal so it will be calculated on average basis i.e. 6 months.
Interest on drawings = Drawings x rate of interest/100 x Average period/12
                              = 135000 x 14/100 x 6/12
                              = ₹9450