[CBSE] Q. 39 Solution of Fundamentals of Partnership Firms TS Grewal Book (2023-24)

Solution of Question number 39 of the Fundamentals of partnership firm chapter TS Grewal Book CBSE 2023-24 Edition.

Dev withdrew ₹ 10,000 on the 15th day of every month. Interest on drawings was to be charged @ 12% per annum. Calculate interest on Dev’s Drawings.

[Ans: Interest on Drawings – ₹ 7,200]

Solution:-

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