[CBSE] Q. 80 DK Goel Fundamentals of Partnership [2026-27]
Solution of Question Number 80 of the Fundamentals of partnership firm DK Goel CBSE Board (2026-27)
Calculate the interest on Drawings of Tarun @ 8% p.a. for the year ended 31st March, 2024 in each of the following alternative cases:
Case (a) if his drawings during the year were ₹ 60,000;
Case (b) if he withdrew 5,000 p.m. in the beginning of every month;
Case (c) if he withdrew ₹ 5,000 p.m. at the end of every month;
Case (d) if he withdrew ₹ 5,000 p.m. during the year;
Case (e) if he withdrew the following amounts as under:
2023 June, 1 : ₹ 10,000; August 31 : ₹ 12,000; November 1 : ₹ 16,000; Decembe 31 : ₹ 13,000; February 1, 2024 : ₹ 9,000.
[Ans. Case (a) ₹ 2,400; Case (b) ₹ 2,600; Case (c) ₹ 2,200; Case (d) ₹ 2,400; Case (e) ₹ 2,140.]
Solution:-
