[ISC] Q. 44 Solution of Fundamentals of Partnership Firms TS Grewal Book (2024-25)

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Solution of Question number 44 of the Fundamentals of Partnership Accounts (Firm) chapter TS Grewal Book 2024-25 Edition ISC Board.

Raman and Karan are in partnership from 1st April, 2023 with capitals of ₹ 10,00,000 each. Raman withdrew equal amount at the middle of every month starting April, 2023. Interest on drawings of Raman @ 10% p.a. for the year ended 31st March, 2024 was ₹ 4,800. Determine the amount withdrawn each month by Raman.

Solution:-

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