Gian, Rajat, and Bishan are partners sharing profits equally. Gian drew regularly ₹ 10,000 in the beginning of every month for six months 30th September 2022. Rajat drew regularly ₹ 10,000 at the end of every month for six months ending 30th September 2022. Bishan drew regularly ₹ 10,000 in the middle of every month for six months ended 30th September 2022. Calculate interest on drawings @ 5% p.a. for the year ended 31st March 2023.
Gian, Rajat, and Bishan are partners sharing profits equally.
Gian drew regularly ₹ 10,000 in the beginning of every month for six months 30th September 2022.
Rajat drew regularly ₹ 10,000 at the end of every month for six months ending 30th September 2022.
Bishan drew regularly ₹ 10,000 in the middle of every month for six months ended 30th September 2022.
Calculate interest on drawings @ 5% p.a. for the year ended 31st March 2023.
Anurag Pathak Changed status to publish April 15, 2023