[CBSE] Q. 93 DK Goel Fundamentals of Partnership [2024-25]

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Solution of Question Number 93 of the Fundamentals of partnership firm DK Goel CBSE Board (2024-25).

Era, a partner withdrew ₹ 40,000 per month for her personal use from the firm in the beginning of each month. Interest on her drawings was calculated at ₹ 31,200 at the end of the year. Calculate the rate of interest on her drawings.

[Ans. Rate of interest 12% p.a.]

Solution:-

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Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

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