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Ankita withdrew * 2,000 from business for personal use at the end of everymonth during the year 2017-18. The interest on drawings @ 10% will be : [1](A) < 1,200(B) * 1.100(C) 3 1,300(D) * 2.400TIMTIF 11Toute |
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Answer» Answer: Explanation: 2000×12=24000 24000×10/100×5.5/12=1100 {5.5/12 is the formula for monthly DRAWINGS at the end of every MONTH} |
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