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Era, a partner withdrew ₹ 40,000 per month for her personal use from the firm in the beginning of each month

Anurag Pathak
May 30, 2024

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Anurag Pathak25.45K May 30, 2024 0 Comments

Era, a partner withdrew ₹ 40,000 per month for her personal use from the firm in the beginning of each month. Interest on her drawings was calculated at ₹ 31,200 at the end of the year. Calculate the rate of interest on her drawings.

[Ans. Rate of interest 12% p.a.]

Anurag Pathak Answered question May 30, 2024

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Anurag Pathak25.45K Posted May 30, 2024 0 Comments

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Anurag Pathak Answered question May 30, 2024

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Anurag Pathak

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Era, a partner withdrew ₹ 40,000 per month for her personal use from the firm in the beginning of each month

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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