[CBSE] Q. 27 DK Goel Fundamentals of Partnership [2026-27]

Solution of Question Number 27 of the Fundamentals of partnership firm DK Goel CBSE Board (2026-27)

Q. 27 (A). Gupta is a partner in a firm. He drew regularly ₹ 800 at the beginning of every month for the six months ending 31st March, 2024. Calculate interest on drawings at 15% p.a.

[Ans. Interest on Drawings ₹ 210.]

Q. 27 (B). Gupta is a partner in a firm. He drew regularly ₹ 800 at the end of every month for the six months ending 31st March, 2024. Calculate interest on drawings at 15% p.a.

[Ans. Interest on Drawings ₹ 150.]

Q. 27 (C). A, B and C are partners in a firm. For six months ending 31st March, 2024:

A drew regularly ₹ 15,000 in the beginning of every month. B drew regularly ₹ 20,000 at the end of every month and C drew regularly ₹ 25,000 in the middle of every month.

Calculate interest on drawings @ 10% p.a. for six months ending 31st March, 2024.

[Ans. Interest on Drawings : A ₹ 2,625; B ₹ 2,500 and C ₹ 3,750.]

Solution 29 (A) :-