A and B are partners in a partnership firm without any agreement. A has withdrawn ₹40,000 out of his Capital as drawings. Interest on drawings may be charged from A by the firm:

@ 6% Per Month @ 6% Per Annum No interest can be charged @ 5% per annum

No interest can be charged

No interest is to be charged on the drawings made by the partners if there is nothing mentioned in the Deed.