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P, Q and R are partners in a firm. You find that : (i) P drew Rs 6,000 in the beginning of every month for 6 months ending 30th September, 2016. (ii) Q drew Rs 6,000 at the end of every month for 6 months ending 30th September, 2016. (iii) R drew Rs 6,000 in the middle of every month for 6 months ending 30th September, 2016. Calculate interest on drawings at 8% p.a. |
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Answer» P, Q and R are partners in a firm. You find that : (i) P drew Rs 6,000 in the beginning of every month for 6 months ending 30th September, 2016. (ii) Q drew Rs 6,000 at the end of every month for 6 months ending 30th September, 2016. (iii) R drew Rs 6,000 in the middle of every month for 6 months ending 30th September, 2016. Calculate interest on drawings at 8% p.a. |
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