What is the amount of interest on drawings for Romin at 12% p.a. for the year ended 31st March 2021, if he withdrew ₹5,000 at the end of each quarter. [0.88 marks]
What is the amount of Interest on drawings for Ram at 10% p.a. for the year ended 31st March 2018, if he withdrew Rs 6,000 at the end of each quarter.
What is the amount of Interest on drawings for Ram at 10% p.a. for the Year ended 31st March 2018, if he withdrew Rs 2,000 p.m. in the beginning of every month.
What is the amount of Interest on drawings for Mr X at 10% p.a. for the Year ended 31st March 2018, if he withdrew Rs 3000 at the end of each quarter.
Calculate the interest on drawings of Mr. Bajaj at 10% p.a. for the year ended 31st March, 2016 in each of the following alternative cases :
Case (a) lf he withdrew Rs 8,000 in the beginning of each quarter.
Case (b) If he withdrew Rs 8,000 at the end of each quarter.
Case (c) If he withdrew Rs 8,000 during the middle of each quarter.