1.

Ayesha is a partner in a firm. She withdrew ₹6,000 at the end of each quarter during the year ended 31st March, 2019. Interest on her drawings @ 10% P.a. will be:​

Answer» INTEREST on her DRAWINGS will be ₹ 900 Explanation:GIVEN: Withdrawn amount ₹6,000Time of withdrawal = At the end of each quarterRate of interest = 10% P.a.Interest on drawings = ??Solution :TOTAL amount of drawings = 6,000 × 4Total amount of drawings = ₹ 24,000If drawings are made at the end of each quarter : Average PERIOD = 4.5★ Interest on drawings =Interest on drawings = ₹ 900∴ Interest on her drawings will be ₹ 900


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