Calculate the interest on drawings of Mr. Aditya @ 8% p.a. for the year ended 31st March, 2024, in each of the following alternative cases

Calculate the interest on drawings of Mr. Aditya @ 8% p.a. for the year ended 31st March, 2024, in each of the following alternative cases:

Case (i) If he withdrew ₹ 5,000 in the beginning of each quarter.

Case (ii) If he withdrew ₹ 6,000 at the end of each quarter.

Case (iii) If he withdrew ₹ 10,000 during the middle of each quarter.

[Ans. Case (i) ₹ 1,000; Case (ii) ₹ 720; Case (iii) ₹ 1,600.]