[CBSE] Q. 22 DK Goel Fundamentals of Partnership [2026-27]
Solution of Question Number 22 of the Fundamentals of partnership firm DK Goel CBSE Board (2026-27)
Q. 22 (A) Mr. Ashok Gupta is a partner in a firm. He withdrew the following amounts during the year ended 31st March, 2024:-
| April 30 | 8,000 |
| June 30 | 6,000 |
| Sept 30 | 5,000 |
| Dec 31 | 12,000 |
| Jan 31 | 10,000 |
Calculate interest on Drawings @ 9% p.a. for the year ended on 31st March, 2024.
[Ans. Interest on Drawings ₹ 1,710.]
Q. 22 (B) A is a partner in a firm. During the year ended 31st March, 2024, A’s drawings were:
| 1st June | 1,000 |
| 1st August | 750 |
| 1st October | 1,250 |
| 1st December | 500 |
| 1st February | 500 |
Interest on drawings is charged @ 10% per annum. Calculate interest on drawings of A for the year ended 31st March, 2024.
[Ans. Interest on Drawings ₹ 221.]
Solution 22 (A)
Solution 22 (B)
