[CBSE] Q. 31 DK Goel Fundamentals of Partnership [2026-27]
Solution of Question Number 31 of the Fundamentals of partnership firm DK Goel CBSE Board (2026-27)
Sneha is a partner in a firm. Calculate the amount of Sneha’s quarterly drawings for the year ended 31st March, 2023, in the following cases when interest is charged @ 10% p.a.
(i) When she withdrew a fixed amount in the beginning of each quarter and interest on drawings is ₹ 3,750.
(ii) When she withdrew a fixed amount at the end of each quarter and interest on drawings is ₹ 3,000.
[Ans. Case (i) ₹ 15,000 per quarter; Caes (ii) ₹ 20,000 per quarter.]
Solution:-
