Practicing Success
Practicing Success
CUET Preparation Today
X and Y are partners in a firm. X withdraws ₹5,000 in the beginning of each month for his personal use. As per partnership deed, interest on drawings is charged @12% p.a. The interest on drawings will be: |
₹325 ₹3,900 ₹3,600 ₹3,300 |
₹3,900 |
The correct answer is Option (2) - ₹3,900 |
