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Ram and Mohan, two partners, drew for their personal use ₹ 1,20,000 and ₹ 80,000. Interest is chargeable @ 6% p.a. on the drawings. What is the amount of interest chargeable from each partner? |
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Answer» Ram drew ₹ 1,20,000 &MOHAN drew ₹ 80,0006% interest CHARGE Ram charged ₹ 7200Mohan charged ₹ 4800Explanation:Calculation Ram 1,20,000 × 6/100 = ₹ 7200Mohan 80,000 × 6/100 = ₹ 4800hope its HELP u |
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