If drawings made by A during the year were Rs 15,000 and interest is to be charged @ 10%. What will be the interest on drawings ?

(a) Rs. 1,000 (b) Rs 750 (c) Rs 1,500 (d) Rs 2,000

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Solution

(b) Rs 750= $(15, 000 \times \frac{10}{100} \times \frac{6}{12})$

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If drawings made by A during the year were Rs 15,000 and interest is to be charged @ 10%. What will be the interest on drawings ? (a) Rs. 1,000 (b) Rs 750 (c) Rs 1,500 (d) Rs 2,000

(b) Rs 750=(15,000×10100×612)

If drawings made by A during the year were Rs 15,000 and interest is to be charged @ 10%. What will be the interest on drawings ?

(a) Rs. 1,000 (b) Rs 750 (c) Rs 1,500 (d) Rs 2,000

(b) Rs 750= $(15, 000 \times \frac{10}{100} \times \frac{6}{12})$