Ramesh, Rahul and Raman are partners. Raman withdrew ₹ 20,000 per month in the middle of the month. Interest on drawings charged for the year was ₹ 7200. The rate of interest on drawings is

a) 7% p.a.

b) 8% p.a.

c) 9% p.a.

d) 6% p.a.

Anurag Pathak Changed status to publish April 9, 2023
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