1.

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​

Answer»

Answer:

option (B) RS. 1100

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}



Discussion

No Comment Found

Related InterviewSolutions