[CBSE] Q. 33 DK Goel Fundamentals of Partnership [2026-27]

Solution of Question Number 33 of the Fundamentals of partnership firm DK Goel CBSE Board (2026-27)

Partner A withdrew 70,000 in the middle of each half year. Calculate
the rate of interest on drawings if the amount of interest charged at the end of the year was 8,400.

[Ans. Rate of Interest on Drawings 12% p.a.]

Solution:-