Amrit and Kamal started business on 1st April, 2023 with capitals of ₹ 10,00,000 and ₹ 5,00,000 respectively. Kamal withdrew ₹ 12,000 in the middle of each month

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Anurag Pathak24.21K April 24, 2024 0 Comments

Amrit and Kamal started business on 1st April, 2023 with capitals of ₹ 10,00,000 and ₹ 5,00,000 respectively. Kamal withdrew ₹ 12,000 in the middle of each month. Interest on drawings was calculated ₹ 5,400 for the year ended 31st March, 2024. Determine the rate of interest on drawings.

Anurag Pathak Changed status to publish April 24, 2024

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Anurag Pathak24.21K Posted April 24, 2024 0 Comments

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Anurag Pathak Changed status to publish April 24, 2024

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