"A partner draws ₹5,000 in the middle of every month for the six months. Interest on drawings is charged at 10%. The amount for interest would be --"

₹3,000

The correct answer is option 2- ₹3,000.

Total drawings = 5000 x 6
                     = ₹30000
Interest on drawings = 30000 x 10/100
                              = 3000

* As interest rate is given without word per annum for interest is calculated for the full year by ignoring time factor.